LOS ANGELES — Former California Gov. Arnold Schwarzenegger and the University of Southern California announced Thursday they are partnering to create a policy think tank.

The USC Schwarzenegger Institute for State and Global Policy will be funded with a Schwarzenegger commitment of $20 million, which will include a personal donation as well as money from fundraising. Schwarzenegger's personal donation was not disclosed.

The former bodybuilder-turned-actor-turned-governor said the think tank will allow him, among other things, to pass along his experience from his seven years in Sacramento.

The Republican governor worked with Democrats to enact California's landmark 2006 global warming law, called AB32, which paved the way for the state's cap-and-trade system for controlling greenhouse gas emissions by the worst polluters.

"One of the great lessons I learned as governor of California was that the best solutions to common problems could only be found when each side was willing to engage thoughtfully and respectfully with each other," Schwarzenegger said in a statement.

"This institute is dedicated to promoting a new era of post-partisanship, where solutions are the result of intelligent and civil discussion between people with deeply held principles who understand the need to work through their disagreements to achieve real solutions," he added.

The Schwarzenegger institute will be housed at USC's Sol Price School of Public Policy in Los Angeles.

School officials said the endowment is expected to be fully funded within two or three years.

Since leaving the statehouse, Schwarzenegger also has returned to acting, with several projects in the pipeline and a co-starring role in "The Expendables 2," which opens in theaters later this month.

He was at Comic-Con in San Diego last month to accept an award, and said at the time he was happy to be back in the movies.


Information from: Los Angeles Times, http://www.latimes.com

Also on HuffPost:

Loading Slideshow...
  • Alec Baldwin

    We all know Alec Baldwin looks good in a suit -- could that be why <a href="http://politicalticker.blogs.cnn.com/2011/01/05/is-alec-baldwin-interested-in-political-office-the-answer-is-yes/" target="_hplink">he's "very, very interested" in running for political office</a>?

  • Wyclef Jean

    Wyclef Jean was very public about his intention to run for Haitian president in 2010 -- before finding out he was ineligible.

  • Jerry Springer

    Jerry Springer proved his power in baby daddy battles and in politics when he became mayor of Cincinnati, Ohio in 1977.

  • Ben Affleck

    There's no doubt that Ben Affleck wears his political affiliations on his sleeves -- and, when it comes to running for the real deal rather than just playing a lawmaker on-screen, Ben isn't opposed to the idea.

  • Kal Penn

    From "House" to the White House, Kal Penn quit his on-camera gig to become the <a href="http://www.huffingtonpost.com/2009/04/07/kal-penn-leaving-house-fo_n_183904.html" target="_hplink">associate director in the White House office of public liaison</a> -- a job that's putting Penn on the map in terms fulfilling his interest in running for political office.

  • Stephen Colbert

    Although he only plays political on "The Colbert Report," there isn't a Stephen Colbert fan out there who wouldn't like to see the comedian give the real deal a go.

  • Jon Stewart

    Like his buddy Stephen Colbert, there's no doubt that rumors of "The Daily Show" host, Jon Stewart's political aspirations will continue to pepper his career.

  • Donald Trump

    'Will he or won't he?' seemed to be the question on everyone's minds as Donald Trump not so subtly hinted at a 2012 presidential run. In the end, Trump fooled us all -- "The Apprentice" ratings went up before his candidacy went out the window.

  • Bristol Palin

    Like mother, like daughter. According to HuffPost Celeb's Rob Shuter, Bristol is <a href="http://www.popeater.com/2011/02/09/bristol-palin-political-office/" target="_hplink">eyeing her future in the political spotlight</a>.

  • Arnold Schwarzenegger

    From "The Terminator" to The Governator, Arnold Schwarzenegger served as the governor of California from 2003 until 2011.

  • Clint Eastwood

    Clint Eastwood put his cowboy boot-clad foot into politics when he became mayor of Carmel, California in 1986.

  • Ronald Reagan

    Before he became the 40th President of the United States, Ronald Reagan tried his hand at acting, appearing in films like "Cowboy from Brooklyn" and "Kings Row."

  • Shirley Temple Black

    President Nixon appointed Shirley Temple Black to the 24th General Assembly of the United Nations in 1969 before serving as the U.S. Ambassador to Ghana.

  • Sonny Bono

    Sonny Bono won the Palm Springs, California mayoral race in 1988 before joining the U.S. House of Representatives in 1994.