Updated

Elizabeth Taylor says Sen. Hillary Clinton's savvy and smarts have won her support. The actress announced Thursday she'll give $2,300, the legal limit, to the New York senator's presidential campaign.

"I have contributed to Sen. Hillary Clinton's presidential campaign because she has a mind of her own and a very strong one at that," Taylor said in a statement issued by spokesman Dick Guttman. "I like the way she thinks. She is very savvy and a smart leader with years of experience in government, diplomacy and politics."

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The announcement came amid speculation about whether Hollywood would embrace the New York senator as much as it did her husband, former President Bill Clinton.

DreamWorks movie studio founders Steven Spielberg, Jeffrey Katzenberg and David Geffen are throwing a fundraiser next month for a Clinton rival, Sen. Barack Obama, D-Ill.

Katzenberg has endorsed Obama, but Spielberg remains undecided, said their political adviser, Andy Spahn.

Spielberg and other Los Angeles bigwigs are co-hosting a fundraiser for Clinton in the spring, according to her spokesman, Phil Singer.