George Clooney, MPTF board member and co-chairman, announced the donation at a press conference on Tuesday.
The actor said, "Steven Spielberg, Jeffrey Katzenberg and David Geffen are each legendary for their philanthropy and individually have made immeasurable impact on charities and organizations… For them to make this unified commitment to MPTF only adds to that incredible record of generosity."
All three men have donated millions of dollars to multiple charities throughout their careers.
Katzenberg, who serves as chairman of the MPTF Foundation, said, "[My wife] Marilyn and I are so happy to join together with my partners and friends, Steven Spielberg and David Geffen, to support our industry's most important and valuable charitable organization.”
Started as a means to help the people of the entertainment community with their health and human services needs, the Dreamworks SKG founders have helped kick start the charity’s $350 million campaign.
Spielberg added, "It becomes very personal when someone you know or have worked with is cared for, or a crew member is helped financially by MPTF. The mission 'we take care of our own' is suddenly very real and tangible, and so this new donation is an extension of what we have been doing for a number of years to support that mission."
J-Connection: Spielberg, Katzenberg, and Geffen are all Jewish. Clooney, unfortunately, is not.