In a recent New York Times article, Barry Edelstein, Artistic Director of The Old Globe, a large nonprofit theater in San Diego, gave a quote that caught my eye. He said, "We’re not going to solve the structural financial problems facing the sector through Bernie Sanders-style $27 contributions. It’s going to take really significant infusions at the scale that Roy is doing them.” The person that Edelstein is talking about is Roy Cockrum. The Roy Cockrum Foundation has quickly … [Read more...] about Imagine if the arts were funded with $27 donations
Arts Funding
Where’s the $500 million fund for the arts?
Row X by Hannah Grannemann Last week, four big name funders, MacArthur Foundation, Ford Foundation, Carnegie Corporation, and the Knight Foundation, announced a $500 million initiative called Press Forward. The goal of the fund is to support the local news sector (both nonprofit and for-profit) to revive and modernize local news. Funds will support infrastructure for community-centered news, new journalistic practices, increasing diversity in newsrooms, and new business models. I shook my … [Read more...] about Where’s the $500 million fund for the arts?