Throughout his four-decade career, Eberts financed or produced more than 50 films, including Best Picture winners "Chariots of Fire," "Gandhi," "Driving Miss Daisy" and "Dances with Wolves." In total his produced films garnered a staggering 65 Oscar nominations, and 27 wins.
The fellowship was announced at an Eberts tribute held on February 19, where Participant's Jeff Skoll dubbed Eberts "the gentle giant of the film industry." In a rare clip of Eberts talking about his career, he mentioned that he didn't realize his desire to be a filmmaker until age 35.
Participant will underwrite the fellowship for the next five years.