Posted: Thurs., Oct. 25, 2007, 3:49pm PT

Academy to fund film festivals

Foundation to divide funds among events

AMPAS' Academy Foundation will divide $450,000 among 20 U.S. film festivals as a part of its festival grants program.

The Full Frame Documentary fest and the Virginia fest will each receive $75,000. Money will be funded over a three-year period, intended to aid in developing long-term projects.

The Los Angeles and the San Francisco festivals will each receive $50,000.

Chicago Children's, Fort Lauderdale (Fla.) and the San Francisco Asian American fests each receive the next largest sum at $30,000 each.

Remaining funding will reach a diverse group of festivals spanning the country, including those in Miami; St. Louis; Austin, Texas; and Anchorage, Alaska.


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