Annenberg Foundation Shifts its Base

Whatever its future, the multibillion-dollar foundation led by Mrs. Annenberg since the death of husband, Walter, in 2002 has had a stunning run in Philadelphia, supporting projects in media, education, health care, historic preservation, and the arts with hundreds of millions of dollars in gifts.

"It's the end of an era as far as the Annenberg Foundation is concerned, because Lee is gone and the foundation will now be run by Wallis, so they will no longer have any impact in Philadelphia," said H.F. "Gerry" Lenfest, who frequently joined forces with Mrs. Annenberg and the Pew Charitable Trusts on major civic projects. "It will primarily be Los Angeles."