The creator of "The Simpsons" has made a donation to the University of California, Los Angeles, of $500,000 toward establishing a new chair that will bear his name, according to The Hollywood Reporter.

The school announced that the Matt Groening Chair in Animation at UCLA’s School of Theater, Film and Television will "allow visiting master artists to teach classes." It will also "bring working professionals with wide-ranging expertise" to work with students.

Groening, who graduated from Washington’s Evergreen State College, has already made a financial commitment to UCLA, making a yearly donation of $50,000 for students who wish to produce socially conscious short animated films.

Groening’s latest gift coincides with his receiving a star on the Hollywood Walk of Fame and the 500th episode of "The Simpsons," which airs Sunday.