 Hoffman 's unexpected death was widely lamented by fans and the film industry , and was described by several commentators as a considerable loss to the profession . On February 5 , 2014 , the LAByrinth Theatre Company honored his memory by holding a candlelight vigil , and Broadway dimmed its lights for one minute . In another tribute , actress Cate Blanchett dedicated her BAFTA trophy to Hoffman when she received the award for Blue Jasmine on February 16 . Three weeks after Hoffman 's death , David Bar Katz established the American Playwriting Foundation in the actor 's memory . With the money received from a libel lawsuit against the National Enquirer ( which had inaccurately published that Hoffman and Katz were lovers ) , the foundation awards an annual prize of US $ 45 @,@ 000 to the author of an unproduced play . Katz named this the " Relentless Prize " in honor of Hoffman 's dedication to the profession . Regarding his material legacy , Hoffman left his entire fortune ( approximately US $ 35 million ) to Mimi O 'Donnell in his October 2004 will , trusting her to distribute money to their children . 
