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Sumner M. Redstone Charitable Foundation

Profile

Last profile update: 07/19/2017
Last grant data update: 08/12/2017

At A Glance

Sumner M. Redstone Charitable Foundation

846 University Ave

Norwood, MA United States 02062-2631

Telephone: (781) 461-1600

URL: www.sumnermredstonefoundation.org

Type of Grantmaker

Company-sponsored foundation

Additional Descriptor

  • Celebrity: Business; Entertainment

EIN

222761621

BRIDGE Number

1655408437

Background

Established in 1986 in MA - Founded by Sumner M. Redstone, the Executive Chairman and majority owner of CBS Broadcasting Inc., Viacom Networks, and National Amusements, Inc., which in turn owns Music Television (MTV) Networks, Black Entertainment Television (BET), and Paramount Pictures. In 2007, Sumner M. Redstone announced a commitment of $105 million in charitable grants to fund research and patient care advancements in cancer and burn recovery at three major non-profit healthcare organizations. The cash contributions of $35 million each will be paid out over five years through the charitable foundation.

Purpose and Activities

Giving primarily for health organizations and medical research, particularly for research and patient care advancements in cancer and burn recovery.