The American Film Institute is an independent non-profit organization created by the National Endowment for the Arts, which was established in 1965 when President Lyndon Johnson signed the National Foundation on the Arts and the Humanities Act. The American Film Institute focuses on training through hands-on experience with established figures, as well as on preserving old film, which is subject to degradation of its film stock. Contrary to its title, AFI does not focus exclusively on film, but also on television and video. The American Film Institute can be found online at http://www.afi.com/. In 1973 it established the Life Achievement Award. Recipients have been: