Capitalization

Grantmakers in the Arts defines capitalization as “the accumulation of the resources an organization needs to fulfill its mission over time,” specifically with regard to financial health. In response to the observation that it has been the norm for the nonprofit arts sector to be poorly capitalized, an issue which disproportionately affects ALAANA organizations, GIA embarked on the National Capitalization Project (NCP) in 2010. Since its launch, GIA has provided resources, conferences sessions, publications, and workshops on nonprofit capitalization. GIA’s Conversations on Capitalization and Community are specialized workshops, held separately for funders and nonprofit grantees, focusing on what each group can do to support the financial health of nonprofit arts and culture organizations. These workshops are available upon request.

February 23, 2022 by Nadia Elokdah

A new playbook from LISC and Next City, Equitable Pathways to Small Business Recovery: An All-Hands Approach, offers a framework for paving equitable pathways to small business success, and lays out concrete strategies for supporting capital access, small business capacity, and commercial real estate with specific emphasis for Black, Indigenous, and People of Color (BIPOC) -led or -owned small businesses.

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February 14, 2022 by Nadia Elokdah

"Conventional banking hasn't worked for businesses owned by people of color. But a new network is designed to get money flowing fairly to BIPOC economies." Common Future’s CEO, Rodney Foxworth, speaks with Yes! Magazine about their strategy to disrupt traditional lending models, which are neither racially neutral nor adequate for BIPOC communities or businesses.

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October 16, 2021 by admin

This is the fifth session of a series of presentations held in 2021 by art.coop as a "study into-action cohort."

This session took place on Friday, October 1.

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September 30, 2021 by admin

This is the fourth session of a series of presentations held in 2021 by art.coop as a "study into-action cohort."

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September 30, 2021 by admin

This is the third session of a series of presentations held in 2021 by art.coop as a "study into-action cohort."

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September 30, 2021 by admin

This is the second session of a series of presentations held in 2021 by art.coop as a "study into-action cohort."

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September 30, 2021 by admin

This is the first session of a series of presentations held in 2021 by art.coop as a "study into-action cohort."

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May 3, 2021 by Carmen Graciela Díaz

"With 2021 designated the United Nations International Year of Creative Economy for Sustainable Development, there can be no better time for museum leaders to follow the example set by their university and foundation peers by aligning capital with values and mission. Inaction risks reputation, as well as financial return," wrote recently Laura Callanan, founding partner of Upstart Co-Lab.

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April 15, 2021 by admin

March 2021, 121 pages. Grantmakers in the Arts, 522 Courtlandt Avenue, 1st Floor, Bronx, NY 10451. (929) 452-3740. https://art.coop/.

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April 6, 2021 by admin

To better support Black artists and cultural communities, arts philanthropy should increase its focus on stability and resilience in creative practice. Covid has fully revealed its long-standing fragility, leaving 63% of all artists unemployed and 66% unable to access the infrastructure necessary for their work.1

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