AFI Announces $5 Million Gift From the Perenchio Foundation to Support Diversity – American Film Institute

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AFI Announces $5 Million Gift From the Perenchio Foundation to Support Diversity

AFI announced today that it has received a $5 million gift from the Perenchio Foundation, established to fulfill the charitable wishes of Andrew Jerrold “Jerry” Perenchio, who passed away in 2017. This transformational gift will fund the Perenchio Family Endowed Scholarship to support diverse voices at the AFI Conservatory, which was recently named the #1 film school in the nation by Variety and TheWrap.

“Though he was famously anonymous in his philanthropy, Jerry’s generosity knew no bounds,” said Bob Daly, Chair of the AFI Board of Directors. “Through this endowed scholarship at the AFI Conservatory, his legacy will continue to echo across generations in tomorrow’s storytellers.”

The first AFI Conservatory Perenchio Fellows will be announced in the coming months.

The AFI Conservatory opened its doors in 1969 to an inaugural class that included Terrence Malick, Caleb Deschanel and Paul Schrader. Today, the Conservatory offers a two-year MFA degree in six filmmaking disciplines: Cinematography, Directing, Editing, Producing, Production Design and Screenwriting. In a collaborative production environment, AFI Fellows learn to master the art of storytelling, collectively creating up to 175 films a year. Fellows actively participate in the entire life cycle of a film, from development through production and exhibition.

Alumni of this elite program, ranging from modern masters to bold new voices defining the state of the art form, include Andrea Arnold, Darren Aronofsky, Ari Aster, Sam Esmail, Brad Falchuk, Liz Hannah, Patty Jenkins, Janusz Kamiński, Matthew Libatique, David Lynch, Melina Matsoukas, Polly Morgan, Rachel Morrison and Wally Pfister, among others.

Learn more about the AFI Conservatory.

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