Holmes Teams With Shankman, Lythgoe And Inaba To Launch 'DIZZY FEET' Dance Scholarship Fund

Variety is reporting that Katie Holmes has teamed up with Hairspray director Adam Shankman, reality TV mastermind Nigel Lythgoe and Dancing with the Stars judge Carrie Ann Inaba to set up the Dizzy Feet Foundation. 'Dizzy Feet' is a dance scholarship fund that will give underprivileged youngsters the opportunity to take part in dance programs and win grants to enroll in accredited dance studios.

Holmes remarked about the launch that, "I think it's important for children to experience music and dance. Every child should have the opportunity to discover what it is they like and have access to the very best in that pursuit."

PEOPLE reported recently that Katie Holmes would appear on FOX's So You Think You Can Dance this season. The show's producer Nigel Lythgoe confirmed the news to PEOPLE saying, "It's about a charity, I do not have the status." Lythgoe is rumored to be directing Holmes in choreography by Tyce Diorio. Lythgoe wouldn't reveal anything more about Holmes appearance, she is rumored to be dancing in a tribute to Judy Garland's "Get Happy" from Summer Stock. 

Katie Holmes enjoyed the success of her Broadway debut in All My Sons and proved skeptics wrong by handling the pressures of performing on the Great White Way with passion and ease, proving she was a natural for the New York stage.

A workshop musical reading of a stage adaptation of the film Finding Neverland took place back in December 2008, directed by Rob Ashford and featuring a cast that included Kate Baldwin, Christian Borle, Brian D'Addario, Michael D'addario, Blythe Danner, Erin Davie, Dalton Harrod, Tom Hewitt, Marc Kudisch, Daniel Marconi, Anne L. Nathan, Denis O'Hare, Brynn O'Malley, Clarke Thorell, Jon Patrick Walker and Wayne Wilcox. Katie Holmes took part in the reading and has spoken of her wish to do a musical in the future.

Katie Holmes made her debut in Ang Lee's acclaimed film The Ice Storm, which led to her role in the popular television series "Dawson's Creek." Her other film credits include Disturbing Behavior, Go, Wonder Boys with Michael Douglas, Abandon, Pieces of April, The Singing Detective with Robert Downey Jr., First Daughter with Michael Keaton, Thank You for Smoking, Batman Begins, and Mad Money.

Photo Credit: Walter McBride/Retna Ltd.