James Franco Launches Funding Campaign for Three New Films

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James Franco  is at it again.

After directing and producing six feature films in the last three years, the actor/ poet/ author/ director/ musician/ artist/ student/ teacher has launched a Flexible Funding campaign to produce three new films this fall.

The three films will be based on Franco’s 2011 collection of short stories, Palo Alto, based off of his own high school experience growing up in the town. He has named up-and-coming filmmakers Nina Ljeti, Vladimir Bourdeau, Bruce Thierry Cheung and Gabriel Demeestere as directors of the movies titled Memoria, Killing Animals and Yosemite.

The funding campaign is being conducted at Indiegogo.com and offers supporters numerous options for contributions, with rewards ranging from a script and video updates of production ($10) to an executive producer credit and personal dinner with Mr. Franco himself ($10,000).

“Finding the funding while still maintaining artistic integrity has been a constant challenge,” said Franco on the campaign website. “Because of who I am, people often believe that it is easy to find investors and distributors for my films. Unfortunately, things aren’t that easy.”

The profits from all three films will be donated to The Art of Elysium, a “non-profit organization that encourages working actors, artists and musicians to voluntarily dedicate their time and talent to children who are battling serious medical conditions.”

The funding campaign will last for the next 30 days, with all three films expected to begin filming in Palo Alto in August.

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