SANTIKOS DELIVERS ON CHARITABLE MISSION WITH A GIFT OF $10 MILLION TO THE SAN ANTONIO AREA FOUNDATION
SANTIKOS delivers on charitable mission with a gift of $10 million to the San Antonio Area foundation
San Antonio, Texas – Santikos Entertainment presented a check today for $10 million to the San Antonio Area Foundation. The funds are the second installment this year, with total funding for 2017 expected to be $26 million.
“The funds presented today were made possible by the people of San Antonio, who recognize that each visit to a Santikos theater creates a direct benefit to our community, with all proceeds to benefit the San Antonio Area Foundation.” said Holmes. “That was the visionary mission of John L. Santikos.”
The John L. Santikos Charitable Foundation was established in December 2014, and since that time, over 200 San Antonio area organizations have benefitted.
About Santikos Entertainment
Founded in 1911, San Antonio-based Santikos Entertainment operates eight movie theaters locally, with 103 screens and more than 17,000 seats.
Santikos theaters are known for providing localized and unique entertainment experiences, including large-format screens, cutting-edge audio and visual technology, and groundbreaking amenities for the cinema industry, such as bowling and full service in-theater dining.
In 2015, Santikos Entertainment became the only theater company in the country to operate as a social enterprise benefitting its local community. Its mission is to return theater proceeds to San Antonio area non-profit groups through the John L. Santikos Charitable Foundation (held at the San Antonio Area Foundation). Contributions to the San Antonio Area Foundation total more than $40 million since Mr. Santikos’ death.