Ashlely Berendt

Capitalization has been a hot topic in the arts funding community — and in these very pages — in recent years. Funders and cultural organizations alike are increasingly invested in the capital structures that undergird a vibrant cultural sector. Driven by a shared desire to increase artistic vitality in the Greater Boston area, two GIA members — the Barr Foundation and The Klarman Family Foundation — are taking a closer look at how capitalization supports their grantees’ ability to both take and manage risk.