HFPA to dip into reserves to maintain charitable giving – The Hollywood Reporter
The Hollywood Foreign Press Association, the organization of journalists for international media that hosts the Golden Globe Awards each year, is now in talks with several of the constituencies that boycotted it since February 21. Los Angeles Times The play questioned the demographics and financial practices of the HFPA, including revealing that it did not have black members.
The HFPA has since passed sweeping reforms, but its broadcast partner NBC announced in May that it had decided not to broadcast the ceremony in 2022, saying: “A change of this magnitude takes time and work, and we are convinced that the HFPA needs time to do it right. “
Some of the people most concerned about the fate of Globes telecasting may well be the recipients of the HFPA’s philanthropic largesse – the group has donated $ 50 million over 27 years to more than 70 causes, ranging from scholarships and from catering to humanitarian efforts – which is largely made possible by the licensing fees for the show.
The HFPA statutes require the organization to donate at least 5 percent of the Globes’ annual profits to its charity (it has often donated more than that) and, in recent years, as the organization has negotiated fees for higher license with NBC, its donations 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 dollars in 2021.
Before the pandemic, these funds were paid on behalf of the organization at a gala dinner attended by stars courting the votes of the Globes; The 2019 dinner drew attendees including Ali Wong, Sacha Baron Cohen and Arnold Schwarzenegger (seen above on the podium with the late HFPA President Lorenzo Soria).
These donation figures, provided by the HFPA, do not take into account special emergency and humanitarian grants or grants announced during Globes airing, such as $ 1 million given to the Committee to Protect Journalists (CPJ) and $ 1 million to the International Consortium of Investigative Journalists in 2018; $ 1 million to InsideClimate News and $ 1 million to the Journalists’ Committee for Press Freedom in 2019; and in 2021, mid-pandemic, $ 1 million to Feeding America and $ 500,000 to CORE. CPJ Development Director John Weis says THR, “The support CPJ has received from the HFPA has helped us address serious threats to journalists around the world. We are deeply grateful for the generous donations from the HFPA and look forward to continuing our partnership with them.
But with the Globes off the air in 2022, no license fees will be paid to the HFPA, which has left many wondering if they can still count on the organization’s financial support. The HFPA tells THR that he has decided to draw on his reserves in 2022 in order to maintain his current rate of donations, but that he is not able to do so indefinitely.
“As we will not be televised in 2022, our future donations will be reduced but will remain an integral part of the work of the association,” said Helen Hoehne, the recently elected president of the HFPA who received the first Angel Benefactor award last week. of the Asian World. Film Festival, recipient of $ 50,000 in HFPA grants since 2016. “Our hope is to ensure continued funding for these worthy organizations.
This story first appeared in the November 22 issue of The Hollywood Reporter magazine. Click here to subscribe.