Award-Winning Film & Television Producer, and Vassar Alumnus Jason Blum Donates $10 Million to the College to Enhance Financial Aid

Award-Winning TV/Film Producer Jason Blum ’91 will donate $10M to his alma mater, Vassar College, to supplement its financial aid funds.

Three-time Academy Award-nominated, two-time Primetime Emmy Award-winning and three-time Peabody Award-winning producer Jason Blum ’91, founder and CEO of Blumhouse, the company behind such films as Whiplash, Get Out and BlacKkKlansman, will make a $10 million gift to Vassar College that he asked to be used to supplement the College’s financial aid funds, President Elizabeth Bradley announced.

The donation from Blum, who has served on Vassar’s Board of Trustees since 2015, is the largest gift ever given to the college by a male alum and is a lead gift for Vassar’s upcoming fundraising campaign, which will launch this fall. “As we prepare to launch the largest campaign in Vassar’s history, Jason Blum’s gift for financial aid is catalytic and will have a positive impact on innumerable lives of Vassar students for years to come,” President Bradley said.

Blum, who majored in drama at Vassar, said his gift reflected his gratitude for the role his Vassar education played in shaping his career. “The courses I took, friends I made and the other activities I was involved in while at Vassar fueled my critical thinking skills and made me more curious about the world,” Blum said.

He said he earmarked his gift for the College’s financial aid funds because of his strong belief in the importance of access to the best liberal arts education for all applicants, regardless of their financial status. “I want to help ensure that Vassar is able to continue its commitment to admit students with the desire to succeed without regard to whether or not they can pay,” he said.

Blum announced the gift during an appearance on ABC’s Live with Ryan & Kelly last Friday.

Blum is the founder and CEO of Blumhouse, a multi-media production company that pioneered a new model of studio filmmaking, producing high-quality, micro-budget films. Through Blumhouse, he has produced over 150 movies and television series with theatrical grosses amounting to more than $5 billion, including the lucrative, iconic, genre franchises including HalloweenParanormal ActivityInsidiousHappy Death DaySinister and The Purge, among many other films.

Blumhouse’s television division produces provocative programming – with streaming anthology series like Welcome to Blumhouse for Amazon and a series of films for Epix – and has expanded beyond genre with acclaimed scripted and unscripted series and documentaries, such as The Thing About Pam, starring Renee Zellweger for NBC; The Good Lord Bird, starring Academy Award nominee Ethan Hawke for Showtime; The Loudest Voice, starring Golden Globe winner Russell Crowe for Showtime; A Wilderness of Error (FX); The Jinx for HBO; A Secret Love, from executive producer Ryan Murphy, for Netflix; and lauded HBO series Sharp Objects starring Amy Adams and Patricia Clarkson, among others.

He has been recognized by TIME magazine’s 100 list of the world’s most influential people and has appeared several times on Vanity Fair’s “New Establishment List.”

Total
0
Shares
Related Posts
Read More

Netflix to Announce Second Quarter 2024 Financial Results

Netflix, Inc. (NASDAQ: NFLX) today announced it will post its second quarter 2024 financial results and business outlook on its investor relations website at http://ir.netflix.net on Thursday, July 18, 2024, at approximately 1:00 p.m. Pacific Time.
Read More

VICE Media Group Enters Into Purchase Agreement with Lender Consortium

VICE Media Group today announced that it has agreed to the terms of an asset purchase agreement ("APA") with a consortium of its lenders (the "Lender Consortium"), pursuant to which the Lender Consortium has agreed to purchase the Company, subject to higher and better bids from other parties and to the terms of the APA. The Lender Consortium includes Fortress Investment Group, Soros Fund Management and Monroe Capital, and has agreed to provide total purchase consideration of approximately $225 million in the form of a credit bid for substantially all of the Company's assets, in addition to the assumption of significant liabilities upon closing.
Read More

Bell Media and Warner Bros. Discovery Expand Partnership in Canada

Bell Media announced today it has expanded its landmark partnership with Warner Bros. Discovery for the Canadian market, extending Crave for multiple years as the exclusive home of HBO and Max content. The expansion of Bell Media's existing licensing agreement with Warner Bros. Discovery, announced in 2023, ensures Crave subscribers have continued access to a vast library of premium content for the foreseeable future.