Disney donates $1 million of Black Panther's profits to the Boys & Girls Club's STEM programs - Sensationalist Headlines

[quote]The Walt Disney Co. on Monday announced it has made a $1 million donation to the Boys & Girls Clubs of America (BGCA) in celebration of Black Panther. The Marvel Studios superhero film, which has a largely black cast, is a mega-blockbuster and is being called an important cultural moment by many fans and critics. The donation will help expand BGCA's STEM (Science, Technology, Engineering and Math) programs, which support high-tech skills and science, and establish new STEM Centers of Innovation in 12 communities across the country. “Marvel Studios’ Black Panther is a masterpiece of movie making and has become an instant cultural phenomenon, sparking discussion, inspiring people young and old, and breaking down age-old industry myths,” Disney CEO Bob Iger said in a statement. “It is thrilling to see how inspired young audiences were by the spectacular technology in the film, so it’s fitting that we show our appreciation by helping advance STEM programs for youth, especially in underserved areas of the country, to give them the knowledge and tools to build the future they want.” Boseman thanked Disney for the donation. "The #BlackPanther movie-ment continues. Thank you to @RobertIger & @Disney for donating $1 MILLION to the @BGCA_Clubs so they can expand their youth STEM programs. You can never go wrong when you invest in kid’s futures. #WakandaForever," the actor tweeted.[/quote] [url=https://www.hollywoodreporter.com/heat-vision/black-panther-disney-donates-1m-boys-girls-clubs-america-1088553]Hollywood Reporter[/url]

well done, could've done more but well done

wow a million! thats enough to fund 20 $50,000 STEM degrees! Gee Disney you sure are generous! When the damn movie makes a billion a million is a piss in the wind [highlight](User was permabanned for this post ("Shitpost - Blew it" - Kiwi))[/highlight]

[QUOTE=Shirt.;53162540]wow a million! thats enough to fund 20 $50,000 STEM degrees! Gee Disney you sure are generous! When the damn movie makes a billion a million is a piss in the wind[/QUOTE] How stupid are you? BCGA offers programs for [B]children[/B] to spark their interests at a young age. This isn't for paying off a few random college degrees.

$1mil might not sound much in relation to the movie profits Disney is making but who would complain about $1mil? Whatever helps children getting into STEM fields is great.

[QUOTE=Shirt.;53162540]wow a million! thats enough to fund 20 $50,000 STEM degrees! Gee Disney you sure are generous! When the damn movie makes a billion a million is a piss in the wind [highlight](User was permabanned for this post ("Shitpost - Blew it" - Kiwi))[/highlight][/QUOTE] Man if Disney gave me even $2000 I'd probably start crying. 20 people getting their entire degree paid for would be a fucking godsend (even though like B!N4RY pointed out, that's not what happened). They had no responsibility to give any money, even though it's just soulless PR, it's still a good deed.

Good on them. 1 mil is a lot even for Disney.

[QUOTE=Shirt.;53162540]wow a million! thats enough to fund 20 $50,000 STEM degrees! Gee Disney you sure are generous! When the damn movie makes a billion a million is a piss in the wind [highlight](User was permabanned for this post ("Shitpost - Blew it" - Kiwi))[/highlight][/QUOTE] I don't understand logic like this. Disney didn't have to donate $1,000,000 of their profits. Nobody expected them to. $1,000,000 is a [B]lot[/B] of money that 99% of people would never even be able to come close to contributing. Disney doesn't deserve to be shat on because they [I]only[/I] donated $1,000,000 when they sure as hell could have donated $0.

[QUOTE=redBadger;53162897]Good on them. 1 mil is a lot even for Disney.[/QUOTE] 1 million dollars is 0.001% of Disney's 92 billion net worth, they could afford to be a lot more charitable. Call me when they give away something like a fourth of what they're worth.

[QUOTE=BazzBerry;53163064]I don't understand logic like this. Disney didn't have to donate $1,000,000 of their profits. Nobody expected them to. $1,000,000 is a [B]lot[/B] of money that 99% of people would never even be able to come close to contributing. Disney doesn't deserve to be shat on because they [I]only[/I] donated $1,000,000 when they sure as hell could have donated $0.[/QUOTE] I think the conventional wisdom is "don't look a gift horse in the mouth", but as someone who believes that the wealthy have a moral obligation to engage in philanthropy, it'd be nice to see more significant sums dedicated to charitable causes. Especially when Bill Gates has enabled giving away $41.3 billion through the Bill & Melinda gates foundation and has endowed billions on his own. And that's as an individual, not one of the largest and wealthiest megacorporations in the world. Disney does great charity work, but I think it's worth recognizing when and where they could be doing a little bit more and raising our standards for philanthropy.

[QUOTE=Levithan;53163104]1 million dollars is 0.001% of Disney's 92 billion net worth, they could afford to be a lot more charitable. Call me when they give away something like a fourth of what they're worth.[/QUOTE] Hey, give away a fourth of what your worth then, then I'll take you seriously.

[QUOTE=J!NX;53163242]Hey, give away a fourth of what your worth then, then I'll take you seriously.[/QUOTE] I think this is an unreasonable argument. There's a reason the less wealthy don't tend to engage in charity, and that's because when you have billions its a lot easier to give away huge portions of your wealth, while when youre struggling to make ends meet giving a ten dollar bill to a homeless individual on the way home can be the difference between having dinner or not that night.

[QUOTE=Levithan;53163104]1 million dollars is 0.001% of Disney's 92 billion net worth, they could afford to be a lot more charitable. Call me when they give away something like a fourth of what they're worth.[/QUOTE] Ungrateful much?

[QUOTE=Levithan;53163104]1 million dollars is 0.001% of Disney's 92 billion net worth, they could afford to be a lot more charitable. Call me when they give away something like a fourth of what they're worth.[/QUOTE] Nobody is entitled to any of Disney's money lol Edit: let me clarify - it would be awesome if Disney gave a whole bunch of money to charity, and I like to think that if I was worth a significant amount I'd be using a large portion of my wealth to benefit the less fortunate, but there is no legal or social contract that says that Disney must use their money altruistically. Spending must also be held accountable to investors and shareholders, and these people are investing so that they can get a return on their money. Cash donations don't really get you a financial return, and so as a corporation Disney can't really give a significant fraction of their wealth without causing a massive uproar within financial circles and losing the investor support that keeps the company alive. Ol' Billiam Gates can donate millions of his own money because it's [I]his[/I] money. Like ultimately some companies do good by working with charity, some do good by telling meaningful stories and helping affect valuable social change. While not all of Disney's films carry good social messages, I think they fit firmly in the latter.

[QUOTE=Levithan;53163104]1 million dollars is 0.001% of Disney's 92 billion net worth, they could afford to be a lot more charitable. Call me when they give away something like a fourth of what they're worth.[/QUOTE] Imagine responding to a 1 million dollar donation with 'well, they're not being charitable ENOUGH'. This is what children do, fucking hell.

Disney pushed this film as a black cultural piece and many calls were made to have them use this as a charitable opportunity. Can somebody tell me why it's wrong to even bring up how much their contribution is compared to their profits? Like wow sometimes I'll hit yes on the "would you like to donate" option at the grocery store. I'm not lookin for applause. It's probably the same percent to me. How is it childish, entitled, or ungrateful to question whether or not they could give more than they are? There is a desperate wealth inequality issue that needs addressing on many fronts and if they want to market a product as appealing to those largely affected by that inequality, why can't we question whether or not their resolve is so serious? I think Ducks comparisons to the Gates Foundation are apt.

Disney donates hundreds of millions a year to various charities: [url]https://thewaltdisneycompany.com/philanthropy/[/url] Calling on them stating that they're not doing enough, when really they're doing so much more than they are required to do (nothing), and more than many others are able to do, is pointless.

[QUOTE=J!NX;53163242]Hey, give away a fourth of what your worth then, then I'll take you seriously.[/QUOTE] A millionaire could give away a fourth of their worth and still live more than comfortably. The same can’t be said for everyone.

I'm seeing a whole lot of "thanks for your donation, now cough up the rest" here. It's a little unsettling.

Do you think other movie studios donate a small percentage of their profits for those in need?

[QUOTE=KingofBeast;53163868]I'm seeing a whole lot of "thanks for your donation, now cough up the rest" here. It's a little unsettling.[/QUOTE] In some ways, yeah its unwarranted because hey $1mil is still hefty donation to BGCA ([URL="https://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=3380"]a very responsible organization in its own right.[/URL]). But in other ways I think I see where other people are coming from considering the absolute media oligopoly holds along with some other scummy business practices that comprise Disney. But those are battles for another thread.

You realize that too large of a donation to some charities can actually be damaging to their cause. Like, if one guy gave 500% of what a charity needed for a year, that charity would cease to function. Some charities even have donation limits.

well, that's good of them - i expected they'd only donate to a black girls' charity group. hopefully they will contribute some more later

Effective million dollar ad campaign

I don't think I'd ever see the day when people start attacking someone (or something) for donating a million dollars claiming it's not enough money. Wow people. 1 million is still 1 million. Even if it's change for Disney.. 1 million goes a long, long way.

[QUOTE=KillaBEe;53164763]I don't think I'd ever see the day when people start attacking someone (or something) for donating a million dollars claiming it's not enough money. Wow people. 1 million is still 1 million. Even if [B]it's change for Disney[/B].. 1 million goes a long, long way.[/QUOTE] That's the point

[t]http://i66.tinypic.com/2r585tw.png[/t]

[QUOTE=KillaBEe;53164763]I don't think I'd ever see the day when people start attacking someone (or something) for donating a million dollars claiming it's not enough money. Wow people. 1 million is still 1 million. Even if it's change for Disney.. 1 million goes a long, long way.[/QUOTE] But no one is attacking anyone, just pointing out that while 1 mil is a good thing, they could easily do more. Their total 2016 charitable contributions were 0.04% of their assets and 4% of their yearly income.

[QUOTE=Wii60;53164641]Effective million dollar ad campaign[/QUOTE] This kind of talk is kind of shitty. An person or company donates money then gets accused of doing it for publicity. Do you think this makes that person or company more or less likely to donate in the future?

[QUOTE=Maloof?;53165316]This kind of talk is kind of shitty. An person or company donates money then gets accused of doing it for publicity. Do you think this makes that person or company more or less likely to donate in the future?[/QUOTE] It's a good gesture, while appreciated I'm sure nobody here would tell you it [I]wasn't[/I] a PR move at the end of the day lol. Being said it doesn't detract from the kindness of it at its core.