Steven Spielberg has launches a film foundation called Jewish Story Partners to fund documentaries that “tell stories about a diverse spectrum of Jewish experiences, histories and cultures.”

The new entity is funded by the Righteous Persons Foundation, which Spielberg and his actress wife Kate Capshaw founded after Spielberg’s experience making “Schindler’s List” in 1993. Two Jewish philanthropies, the Maimonides Fund and the Jim Joseph Foundation, have also contributed funds.

The organization, which starts with $2 million, will soon announce its first round of grantees, who will receive $500,000 in total this year. It is already taking applications for a second round of grants, and says it hopes to ramp up its funding over time.

Spielberg’s Righteous Persons Foundation has funded a range of Jewish initiatives beyond the film world, including the USC Shoah Foundation, which has created an archive of recorded Holocaust survivor testimonies. Spielberg is also a recent recipient of the Genesis Prize, which is given to “extraordinary individuals for their outstanding professional achievement, contribution to humanity, and commitment to Jewish values.” Spielberg intends to donate his $1 million prize earnings along with $1 million of his own to 10 different organizations fighting for racial and economic justice.