Schindler's List, was based on the true story of Oskar Schindler, a man who risked his life to save 1,100 Jews from the Holocaust. Schindler's List earned Spielberg his first Academy Award for Best Director (it also won Best Picture). With the film a huge success at the box office, Spielberg used the profits to set up the Shoah Foundation, a non-profit organization that archives filmed testimony of Holocaust survivors. In 1997, the American Film Institute listed it among the 10 Greatest American Films ever Made (#9) which moved up to (#8) when the list was remade in 2007.

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