SA-based movie theater donating $10 million to nonprofits

Santikos giving money to SA Area Foundation

By Chris Shadrock - Web - News Producer

SAN ANTONIO - Santikos Entertainment is once again giving back to the community in a big way.

The entertainment company announced Wednesday morning that it will give $10 million to the San Antonio Area Foundation.

Santikos CEO David Holmes said it's just one more way of achieving the vision of the late John Santikos, who always wanted to give back to the city he loved.

He said it couldn't have happened without help from the community the company serves.

RELATED: Santikos Charitable Foundation donates $1.1M to San Antonio Tricentennial

"The real heroes this morning are not Santikos, but they're the people of SA who realize by going to a movie, they're funding the future of SA and hopefully having a good time at the movies to boot," Holmes said.

Wednesday's major gift is the second of three donation installments from Santikos to the San Antonio Area Foundation this year.

The third donation will be made later this year, bringing the grand total to about $26 million.

Copyright 2017 by KSAT - All rights reserved.