Entertainment

HFPA will join its reserve fund to keep charitable donations going – The Hollywood Reporter

The Hollywood Foreign Press Association, the organization of journalists for international newspapers that hand out the annual Golden Globe Awards, is currently in talks with several constituencies that have boycotted it since February 21. LA time section called the HFPA’s demographic and financial practices questions, including the disclosure that it had no Black members.

The HFPA has since enacted sweeping reforms, but its broadcast partner NBC announced in May that it had decided not to broadcast the ceremony in 2022, stating: “The change in extent This takes time and work, and we strongly feel that HFPA takes time to get it right. ”

Some of the people most concerned about the fate of the Globes may also be the beneficiaries of HFPA’s philanthropy – the group has given away $50 million over 27 years to more than 70 causes, from school film scholarships, rehabilitation to humanitarian efforts – this is largely possible thanks to the licensing fee for the performance.

HFPA regulations require the organization to contribute at least 5% of profits each year from the Globes to its Charitable Foundation (it often gives more than that) and, in recent years, when the organization negotiates licensing fees are higher with NBC, which has exploded: $2.7 million in 2017, $3.3 million in 2018, $3.9 million in 2019, $4.4 million in 2020 and $4.4 million in million USD in 2021.

Prior to the pandemic, these funds were disbursed on behalf of the organization at a star-studded gala dinner that garnered Globes votes; The 2019 dinner drew attendees such as Ali Wong, Sacha Baron Cohen and Arnold Schwarzenegger (seen above at the podium with the late HFPA president Lorenzo Soria).

These donation figures, provided by HFPA, do not include special humanitarian and emergency grants or grants announced in the Globes television program, such as $1 million awarded to the Commission. Protection of Journalists (CPJ) and $1 million for the International Association of Investigative Journalists in 2018; $1 million for InsideClimate News and $1 million for the Committee of Correspondents for Press Freedom in 2019; and in 2021, in the midst of a pandemic, $1 million for Feeding America and $500,000 for CORE. CPJ Chief Development Officer John Weis told CHEAP, “The support CPJ has received from the HFPA has helped us confront serious threats to journalists around the world. We are extremely grateful for HFPA’s generous gifts and look forward to continuing to work with them. ”

But with Globes set to air in 2022, HFPA won’t have to pay licensing fees, which leaves many wondering if they can count on financial support from the organization. HFPA said CHEAP that they have decided to reduce their reserves in 2022 to maintain current lending rates, but they cannot do so indefinitely.

Helen Hoehne, the newly elected HFPA president last week, who received the Asia World’s first philanthropist award, said: “Since we won’t be televised in 2022, donating in Our future will be cut but will still contribute to the work of the association. Film festival, which has received $50,000 in HFPA funding since 2016. “Our hope is to ensure continued funding of these deserving organizations.”

This story first appeared in the November 22 issue of The Hollywood Reporter. Click here to subscribe.

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