Academy Report, Volume 3 Number 1, January 1991 |
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ACADEMY REPORT TO THE MEMBERS OF THE ACADEMY OF MOTION PICTURE ARTS AND SCIENCES Volume 3 No. 1 January 1991 Malden: We've Built It; Now We've Got To Protect It We've done ourselves proud. As you read this, the Academy's Center for Motion Picture Study stands proudly in the middle of La Cienega Park, receiving the last touches on her brightwork, carrying a remarkable cargo: the history of our art form. Whether you're a user of this extraordinary facility or someone whose own career papers will find a safe, useful home there or just someone who drives past the place from time to time, you as an Academy member can share in the sense of accomplishment that comes from having taken on a genUinely significant project and carried it through to a brilliant conclusion. But we've still got a big part of the job to do, and each individual Academy member will be asked to play a direct part in it. Having amassed the great collections in our library and in our film and still photograph archives, it would be irresponsible of us to leave these literally irreplaceable materials to the vagaries of time and declining network viewing shares. That's why we're building an Endowment Fund that will guarantee that the Center for Motion Picture Study will be staffed and supplied at the level it deserves for all foreseeable time. An endowment, in case the term is new to you, is an accumulation of money that you never spend. Instead you invest it carefully, and use as much of the annual interest as necessary to provide operating funds. A gift to an endowment never is used up; it keeps on helping in perpetuity. Our endowment target, as most of you know, is 15 million dollars. Under the vigorous leadership of our Foundation President Bob Rehme, we've already accumulated half of that amount in the first 15 months of our campaign. That was the easy phase though. Most of it came in large contributions from studios and other industry companies, as well as from various charitable foundations. The next seven and one-half million will have to come from us. Those of us who make up the fewer than 6,000 members of this Academy, who have given our lives to and achieved distinction in the field of motion pictures, must now take action to guarantee the future of this wonderful thing we've made. Already a remarkable group of our members has stepped forward to pledge gifts of$50,000 or more. If you visit the Center - as I hope you will - during its opening festivities in the next few days, you'll see an already impressive donor wall in the Bob Hope Lobby. A year from now that wall should read like a Who's Who of the American film industry in the late 20th Century. Not all of us, I realize, will be able to make contributions at the $50,000 level. But when you're approached, as every member will be over the next year, keep a couple things in mind: • TheAcademyhasnever asked you for a charitable contribution in the past, and it will never ask for another one in your lifetime. If you agree that what we've wrought is valuable, this is theyearto show your support. • We're working ina long time frame. Though the campaign will end in 1992, your gift can be spread out over three to five years i you prefer. Many pledges will be in the form of guaranteed bequests, and several have already been made in the form of life insurance policies with the Foundation as beneficiary. • If you'd like financial planning help, we can provide it. A major contribution may not even cost you much. Here at the end of the first century of motion picture history, we've built in the world center of that art a wonderful and fitting reliquary for what we and our forerunners have left behind. Now let's make sure it gets passed on to our succes-sors. 1
Object Description
Title | Academy Report, Volume 3 Number 1, January 1991 |
Description | Pages 1-4; illustrations. Member newsletter. |
Subject |
Academy of Motion Picture Arts and Sciences--Periodicals [lcsh] Motion picture industry--Periodicals [lcsh] |
Format | periodical |
Catalog Record | http://catalog.oscars.org/vwebv/holdingsInfo?bibId=69417 |
Publisher | Academy of Motion Picture Arts and Sciences |
Date | January 1991 |
Source | AMPAS Reference collection |
Repository | Margaret Herrick Library, Academy of Motion Picture Arts and Sciences |
Rights | Copyright Academy of Motion Picture Arts and Sciences. For research or educational use only. |
Local Topic | Member newsletters |
Description
Title | Academy Report, Volume 3 Number 1, January 1991 |
Description | Page 1 |
Subject |
Academy of Motion Picture Arts and Sciences--Periodicals [lcsh] Motion picture industry--Periodicals [lcsh] |
Format | periodical |
Date | January 1991 |
Full text | ACADEMY REPORT TO THE MEMBERS OF THE ACADEMY OF MOTION PICTURE ARTS AND SCIENCES Volume 3 No. 1 January 1991 Malden: We've Built It; Now We've Got To Protect It We've done ourselves proud. As you read this, the Academy's Center for Motion Picture Study stands proudly in the middle of La Cienega Park, receiving the last touches on her brightwork, carrying a remarkable cargo: the history of our art form. Whether you're a user of this extraordinary facility or someone whose own career papers will find a safe, useful home there or just someone who drives past the place from time to time, you as an Academy member can share in the sense of accomplishment that comes from having taken on a genUinely significant project and carried it through to a brilliant conclusion. But we've still got a big part of the job to do, and each individual Academy member will be asked to play a direct part in it. Having amassed the great collections in our library and in our film and still photograph archives, it would be irresponsible of us to leave these literally irreplaceable materials to the vagaries of time and declining network viewing shares. That's why we're building an Endowment Fund that will guarantee that the Center for Motion Picture Study will be staffed and supplied at the level it deserves for all foreseeable time. An endowment, in case the term is new to you, is an accumulation of money that you never spend. Instead you invest it carefully, and use as much of the annual interest as necessary to provide operating funds. A gift to an endowment never is used up; it keeps on helping in perpetuity. Our endowment target, as most of you know, is 15 million dollars. Under the vigorous leadership of our Foundation President Bob Rehme, we've already accumulated half of that amount in the first 15 months of our campaign. That was the easy phase though. Most of it came in large contributions from studios and other industry companies, as well as from various charitable foundations. The next seven and one-half million will have to come from us. Those of us who make up the fewer than 6,000 members of this Academy, who have given our lives to and achieved distinction in the field of motion pictures, must now take action to guarantee the future of this wonderful thing we've made. Already a remarkable group of our members has stepped forward to pledge gifts of$50,000 or more. If you visit the Center - as I hope you will - during its opening festivities in the next few days, you'll see an already impressive donor wall in the Bob Hope Lobby. A year from now that wall should read like a Who's Who of the American film industry in the late 20th Century. Not all of us, I realize, will be able to make contributions at the $50,000 level. But when you're approached, as every member will be over the next year, keep a couple things in mind: • TheAcademyhasnever asked you for a charitable contribution in the past, and it will never ask for another one in your lifetime. If you agree that what we've wrought is valuable, this is theyearto show your support. • We're working ina long time frame. Though the campaign will end in 1992, your gift can be spread out over three to five years i you prefer. Many pledges will be in the form of guaranteed bequests, and several have already been made in the form of life insurance policies with the Foundation as beneficiary. • If you'd like financial planning help, we can provide it. A major contribution may not even cost you much. Here at the end of the first century of motion picture history, we've built in the world center of that art a wonderful and fitting reliquary for what we and our forerunners have left behind. Now let's make sure it gets passed on to our succes-sors. 1 |