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George Lucas to donate Disney $4 billion to education

Following last week’s Disney Star Wars takeover, The Hollywood Reporter have been in touch with Lucasfilm, inquiring where, exactly, the Jedi wheeler will put his to be acquired by the end of the year $4.05 billion.

The money, which is set to land in the 100 per cent George-Lucas-owned Lucasfilm’s (pretty much debt-free) account will reportedly go to a charity that supports education.“George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavours”, a spokesperson from the organisation said.  [The] announcement continues a commitment that Lucas made in 2010 to The Giving Pledge, where he stated,  'I am dedicating the majority of my wealth to improving education. It is the key to the survival of the human race. We have to plan for our collective future – and the first step begins with social, emotional and intellectual tools we provide to our children. As humans, our greatest tool for survival is our ability to think and to adapt – as educators, storytellers and communicators, our responsibility is to continue to do so.”

The charity – or charities – of choice has not been specified as yet, but there is speculation across news organisations that the bulk of the sum will go towards Edutopia (a faction of the George Lucas Education Foundation) or into a “new foundation [created and] funded from the sale.”

Otherwise, the lauded director said in a statement on Wednesday that “for 41 years, the majority of my time and money has been put into the company. As I start a new chapter in my life, it is gratifying that I have the opportunity to devote more time and resources to philanthropy.” So really, by watching Star Wars, you'll be contributing to the greater good. Sci-fi has never been this soulful. 

Good deeds aside, and given that TheVine knows everything about everything, we have a comprehensive list of suggestions for Mr Lucas on how to not screw up the imminent Star Wars iterations, and some preliminary ideas on who would be an appropriate choice for director. We’re sure he awaited our suggestions with bated breath.

[via THR]

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