The Annenberg Foundation was established in 1989 by Walter H. Annenberg, publisher and owner of major media outlets including The Philadelphia Inquirer, TV Guide, Seventeen magazine, and several radio and television stations. The proceeds from the sale of these media holdings formed the Foundation’s endowment.
Walter Annenberg — who served as U.S. Ambassador to the United Kingdom —launched the family’s enduring philanthropic tradition decades earlier when he founded the Annenberg School for Communication at the University of Pennsylvania in 1958 and, in 1971, what would become the USC Annenberg School for Communication and Journalism. His visionary giving spanned the arts, education, and beyond: an exceptional collection of Impressionist and Post-Impressionist works, valued at $1 billion, which he bequeathed to the Metropolitan Museum of Art; a landmark $500 million investment to strengthen public education nationwide; a $150 million gift to public broadcasting to create free college-level programming; and a $50 million grant to UNCF in support of Historically Black Colleges and Universities.
Through the Annenberg Foundation, Ambassador Annenberg supported a wide range of cultural and civic causes, from presidential libraries and museums to orchestras, hospitals, and universities. In keeping with the Ambassador’s wishes in the organization’s trust, the Foundation would continue in perpetuity under family stewardship. After the Ambassador’s passing in 2002, his wife, Leonore, became Chairman while his daughter, Wallis Annenberg, and his grandchildren — Lauren Bon, Gregory Annenberg Weingarten, and Charles Annenberg Weingarten — joined the Board of Directors.
In 2009, following Leonore’s death, Wallis assumed the role of Chairman while Lauren, Gregory, and Charles became Vice Presidents, and the Foundation moved its headquarters from Philadelphia to Los Angeles. In this new era, the Foundation deepened its commitment to inclusive philanthropy that is both community-centered and global in reach, investing in innovative projects that bring people together.
Over the next two decades, each Director’s philanthropy would prove profound — and continues to leave a mark — on the arts, education, animal welfare, environmental stewardship, and civic life. Their pioneering initiatives include the Annenberg Space for Photography, the Annenberg Community Beach House, Lauren Bon’s Metabolic Studio, Gregory Annenberg Weingarten’s GRoW @ Annenberg Foundation, and Charles Annenberg Weingarten’s explore.org.
Following Wallis’ passing in 2025, Lauren, Gregory, and Charles assumed chairmanship of the Board of Directors of the Annenberg Foundation. Guiding this family foundation into a new era of creativity and purpose, they also remain committed to their own philanthropic initiatives. Together, they are reimagining what their philanthropy can be — a force for healing, connection, and transformation.










































