Meryl Streep and Viola Davis
Meryl Streep (l.) donated $10,000 to Best Actress Oscar runner-up Viola Davis' favorite charter school on the day after Streep beat her out in the 84th-annual Academy Awards. Streep is seen kissing Davis on the way up to the stage to accept her Oscar Sunday night. Reuters

Meryl Streep donated $10,000 to Best Actress Oscar runner-up Viola Davis' favorite charter school on the day after Streep beat her out in the 84th-annual Academy Awards.

Streep, who picked up the Best Actress in a Leading Role Oscar on Sunday for her dead-on portrayal of Margaret Thatcher in The Iron Lady, edged out Davis, who was considered Streep's stiffest competition for the nod after giving her own stunning performance in The Help.

And Streep had been open about her support for Davis, even going so far as to tell the actress in the days leading up to the ceremony that this is your year, according to Salon.

But the Academy of Motion Picture Arts and Sciences didn't agree, and they instead decided to give the statue to Streep, who gave a gracious speech that stole the show at Sunday's Oscars ceremony in Los Angeles, Calif.

Streep kissed Davis as she walked up the stage to accept her award, but she didn't stop there. On Monday, according to the Boston Globe, Meryl Streep donated $10,000 to a Central Falls, R.I., charter school that Davis has taken an interest in. Davis grew up in the Rhode Island town.

Angelo Garcia, the founder and director of the Segue Institute for Learning, told the Globe that the school received the check from Streep's Silver Mountain Foundation for the Arts on Monday. It was accompanied by a note indicating that it had been donated on behalf of Davis.

The Segue Institute serves more than 200 middle-school students, and is raising money to either buy its current building or relocate, according to the Globe.