http://www.huffingtonpost.com/2012/11/02/george-lucas-donate-4-billion_n_2067145.html
George Lucas Will Donate Disney $4 Billion To Education
Posted: 11/02/2012 5:54 pm EDT Updated: 11/05/2012 9:38 am EST
George Lucas is ensuring that the force may be with young Jedis everywhere.
The "Star Wars" director will donate the $4.05 billion he will receive from the sale of Lucasfilm Ltd. to Disney to a foundation focused on education, according to the Hollywood Reporter.
On Tuesday, the Walt Disney Company announced it had paid the huge sum to acquire Lucasfilm Ltd., which produced "Star Wars" and is 100 percent owned by George Lucas himself. Disney also announced plans to release a seventh "Star Wars" film, "Star Wars: Episode VII," in 2015.
“For 41 years, the majority of my time and money has been put into the company,” Lucas said in a statement on Wednesday. “As I start a new chapter in my life, it is gratifying that I have the opportunity to devote more time and resources to philanthropy.”
The director has yet to disclose which charity will be the beneficiary of the huge chunk of money. But Lucas currently serves as the chairman of Edutopia, a foundation that empowers innovative coursework in schools. The organization is a likely choice, eonline.com speculates.
Lucas has made other generous donations to show his commitment to education in the past. In a Giving Pledge letter from 2010, he wrote:
“I am dedicating the majority of my wealth to improving education. It is the key to the survival of the human race. We have to plan for our collective future –- and the first step begins with the social, emotional, and intellectual tools we provide to our children. As humans, our greatest tool for survival is our ability to think and to adapt – as educators, storytellers, and communicators our responsibility is to continue to do so.”
I read about this the other day. Lucas' donation just rubs me the wrong way. All the people in need right now and more money gets put into Disney corporate cabal coffers. I don't care how sincere the sentiments sound, real education is not being improved by this donation. He could have started his own foundation and dispersed the funds in that way...at least half of them. No one knows where the funds will go now. That is lot of money in the wrong hands. Disney's profits are down. Smells fishy.
ReplyDeleteI've worked at Disney. It's an elite club.
My neighbor worked there for a long time back when he was gay and a minority. LOL
The x-Illuminati person I know (a very rare breed since the Illuminati does not give up control without a fight--and she had one) will agree with you about Disney. In the cult, it was known that Disney was a "kept" organization for the Illuminati big boys.
DeleteIt's like allowing Bill Gates to decide the fate of the world's health by administering vaccines to the children in third world countries.
ReplyDeleteI actually read this article differently than the other commentors here. I read this in the following context:
ReplyDeleteThe "Star Wars" director will donate the $4.05 billion he will receive from the sale of Lucasfilm Ltd.* to a foundation focused on education.
* The phrase "Lucasfile Ltd to Disney" describes the what to whom relationship of the sale, rather than saying that Lucas is donating the 4+ billion to Disney which will then go to a foundation for education.
Therefore, the money is not staying within the Disney organization, but rather going to Edutopia (a completely separate entity).
Thoughts?