Steiner Family Foundation Establishes Historic Endowment for Film
Historic Endowment by the Steiner Family Foundation
The Robert and Penelope Steiner Family Foundation has made a significant commitment to the Chicago International Film Festival by establishing a groundbreaking endowment. This pioneering $2 million contribution represents the largest gift in the organization’s history, marking a crucial step in supporting the artistic director's role for North America’s longest-running competitive film festival.
Supporting the Artistic Vision of the Festival
The endowment will establish a permanent fund aimed at supporting the Festival's Artistic Director position, currently held by the esteemed Mimi Plauché. Penelope Steiner expressed her hopes for this generous gift, stating that she wishes to see the Festival enhance its cultural influence and global recognition in the years to come.
Significance of the Endowment
With such financial support, the Chicago International Film Festival can further its mission of connecting and uplifting diverse communities through film. Vivian Teng, the Managing Director of Cinema/Chicago, highlights the transformational nature of this gift, as it emphasizes the Foundation's commitment to the festival's mission.
Recognizing an Artistic Legacy
In honor of this commitment, the role of Artistic Director will be officially named the "Robert and Penelope Steiner Family Foundation Artistic Director" until December 31, 2049. This recognition showcases the enduring legacy of the Steiner Family's support and their dedication to Chicago’s cultural milieu.
The Importance of Cinema/Chicago
Cinema/Chicago is dedicated to fostering communication across cultures through film. It plays a pivotal role in organizing various arts and educational initiatives, including the Chicago International Film Festival, which celebrates its 60th edition soon. The festival and its accompanying programs highlight the importance of film as a tool for cultural engagement and understanding.
Continuous Cultural Enrichment
Penelope Steiner's commitment reflects her lifelong passion for enriching Chicago's arts scene. As a former Board Chair of Cinema/Chicago and an active cinephile, Steiner has contributed to numerous arts organizations, helping to cultivate an expansive cultural landscape within the city.
Celebrating 60 Years of Cinema
This year, the Chicago International Film Festival marks 60 years of cinematic excellence. The endowment ensures that the festival will continue to thrive, serving diverse audiences and filmmakers from around the globe. It's a momentous occasion not only for the Festival but also for the entire film community, which relies on such institutions to foster cultural dialogue.
About the Chicago International Film Festival
Cinema/Chicago, the organization behind the Chicago International Film Festival, is devoted to using the art of film to bridge cultural gaps. Its year-round programs, including the Summer Screenings Program and the CineYouth Festival, underscore its commitment to education in the arts while celebrating cinematic achievements.
Frequently Asked Questions
What is the endowment's value?
The endowment established by the Steiner Family Foundation is valued at $2 million.
What position will the endowment support?
It will support the position of Artistic Director of the Chicago International Film Festival.
How long will the title bear the foundation's name?
The title will carry the name of the Robert and Penelope Steiner Family Foundation until December 31, 2049.
What is the mission of Cinema/Chicago?
The mission is to foster communication and understanding between diverse cultures through the art of film.
When is the next Chicago International Film Festival?
The next festival will celebrate its 60th edition from October 16 to 27, 2024.
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