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Annenberg Foundation

Profile

Last profile update: 02/03/2017
Last grant data update: 05/06/2017

At A Glance

Annenberg Foundation

2000 Ave. of the Stars, Ste. 1000

Los Angeles, CA United States 90067-4704

Telephone: (310) 209-4560

URL: www.annenbergfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

EIN

236257083

Background

Established in 1989 in PA - Founded by the late Walter H. Annenberg, the Annenberg Foundation is a family foundation established in 1989. He was president, and subsequently, chairman of the Board, of Triangle Publications, which included TV Guide and Seventeen Magazine, as well as radio and TV stations nation-wide.The Annenberg Foundation was established with $1.2 billion, one third of the assets from the sale of Triangle Publications.Upon Walter H. Annenberg's death in 2002, his wife Leonore assumed leadership of the foundation. In March, 2009, Leonore passed away, leaving the foundation's leadership to Wallis Annenberg and three of her children: Lauren Bon, Gregory Annenberg Weingarten and Charles Annenberg Weingarten. At their direction, the foundation has evolved from a traditional grantmaking institution to one that is also directly involved in the community with its unique charitable activities through which large-scale solutions to systemic problems are pursued.

Purpose and Activities

The mission of the foundation is to provide funding and support to nonprofit organizations in the United States and globally. The foundation and its Board of Directors are also directly involved in the community with innovative projects that further its mission to advance the public well-being through improved communication. The foundation encourages the development of effective ways to share ideas and knowledge and it is committed to core values of responsiveness, accessibility, fairness and involvement. Also, the foundation believes in funding organizations that have a deep level of community involvement, are led by effective leaders and tackle challenging and timely problems. Specific organizational attributes valued by the foundation are: visionary leadership, impact, sustainability, innovation, organizational strength, network of partnerships plus the population being served (thus, creating the acronym VISION+).