James Franco, the actor that seems to do it all x10, is opening a nonprofit film studio that combines making films, teaching students and benefiting charity. The Art of Elysium charity will combine with Franco’s Rabbit Bandini production banner to support film endeavors of both students and professionals. All proceeds from these efforts will be donated to Art of Elysium. The intent is to create a source of funds for the charity, a favorite among many other A-list celebrities. “This is students and charity coming together to make their own thing, a new thing,” Franco said. Read more about the collaboration of film and charity here.