ET has learned that Alec Baldwin will contribute $1 million to NYU's Tisch School of the Arts. Read on for more. The star, who is an alumnus of the school, will create the Alec Baldwin Scholarship fund to benefit low income students who want to attend the prestigious theater training school. "The support I got from Tisch made it possible for me to become an actor and to have a career in this business," Alec said of his contribution. "It's important to give back to those institutions that give us such opportunities, and I encourage anyone to look into supporting their alma mater." Read More »

An excited Kim Kardashian took to her Twitter handle to talk about her new baby nephew. She tweeted, "I'm an auntie!!!! My little Mason Dash Disick is here!!! We are so happy!" ET confirmed with E! News that Kim's sister Kourtney Kardashian "delivered a healthy baby boy" at a Los Angeles hospital early Monday morning, Dec. 14. The bundle of joy weighed in at 7 pounds, 6 ounces and is 19.5 inches. Read More »

Tara Reid dons bunny ears and very little else for the January/February double-issue of Playboy, on newsstands Friday, and the former "Scrubs" and 'American Pie' star explains one of the key reasons why she took it all off for the magazine… "A part of the reason I did Playboy was because there's been so much controversy with my body," she tells ET. "I wanted to show everyone, 'Okay, look at it -- this is what it looks like. Leave me alone now.' And I'm really happy with it." It was back in 2004 that Tara made headlines with a botched breast enhancement surgery infamously exposed for all to see on the red carpet for P. Diddy's birthday party. Read More »