Princewill Pius
Kirk Douglas left an impressive estate behind. Different outlets have reported varying numbers — Page Six and The Hollywood Reporter reported $80 million, while The Mirror reported $61 million. Either way, that’s tons of money. Douglas always knew exactly what he wanted to do with it after his passing: Share the wealth with others.
Throughout his career, the Hollywood legend was known as a famously charitable man. In 2015, Douglas’ wife Anne recalled her husband’s reaction when he realized how much money he’d accumulated in their trust, per The Hollywood Reporter. “He said, ‘I want to give it away.’ And that’s exactly what’s happening,” Anne said.
Douglas left $50 million to the Douglas Foundation, which he founded in 1964. The foundation aims to “help those who cannot otherwise help themselves,” and it is one of the oldest and largest private philanthropic institutions in the entertainment industry. “Its primary focus is improving the education and health, fostering the well-being, and most importantly developing new opportunities for the children who hold our future in their hands,” the organization’s website states. Anne, the nonprofit’s co-founder, remains the managing trustee.
That $50 million from Douglas’ estate will be divided among several sources: the Kirk and Anne Douglas Childhood Center at Westwood Sinai Temple, the Children’s Hospital of Los Angeles, Culver City’s Kirk Douglas Theatre, and a St. Lawrence University scholarship, according to The Mirror. It’s not clear exactly where the remaining money from Douglas’ estate will go.
Written by: Nicki
