Investing in Financial Fitness: Capitalizing for Long-term Health

The next GIA webinar, “Investing in Financial Fitness: Capitalizing for Long-term Health,” will take place on Tuesday, June 13 at 2:00pm EDT / 11:00am PDT. Join Rebecca Thomas, principal and founder of RTA and facilitator of GIA’s capitalization workshops, for a webinar on the fundamentals of investing in your grantees' financial fitness. Since 2010, GIA has led “Conversations on Capitalization and Community” to encourage funders to implement more effective grantmaking practices that support financial stability and success in their grantees and in the arts community. These workshops have stimulated discussions about the kinds of money that organizations need most to manage uncertainty and risk and to pursue opportunities for change. This webinar can serve as a brief refresher for past “Conversations” participants or introduce key initial ideas to funders who have not yet been part of a conversation in their own local communities.

Coming up: Arts in Medicine: Supporting Artists Working in Healthcare Settings on July 13, and Vitality Arts: Impact at the Intersection of Arts and Aging on July 25.

Arts Funders Respond: The Latest Headlines

Grantmakers in the Arts recently launched Arts Funders Respond, a new web resource offering the latest news stories and updates from the arts philanthropy field in response to our changing political climate.

Is your organization taking action to support artists and arts organizations in response to the political climate? Send submissions to Monica Thomas to be considered for the website.

Member Spotlight on Boise City Department of Arts & History

For the month of June, the photo banner on GIA’s website features work and artists supported by Boise City Department of Arts & History (A&H). Created in 2008, A&H supports public art, cultural programs, history programs, cultural sites, and the care and conservation of Boise cultural assets. Boise’s Percent-for-Art funding helps assure A&H’s ability to serve an advisory role to a $50 million local arts and history industry.

Seattle Office of Arts & Culture has released a report exploring mechanisms for creating, activating, and preserving cultural spaces amid the city’s real estate boom…

The Building Movement Project has released a report about the gap in representation of ALAANA individuals in leadership positions at nonprofits…

The Education Commission of the States has released a detailed report highlighting the ways that states and districts can engage the arts in the ongoing work of the Every Student Succeeds Act…

The Council on Foundations had published an informative update on how potential federal tax reforms affecting the charitable deduction (which allows individuals to write off contributions to nonprofits on their taxes) could negatively impact giving to private foundations…

A recent article from The McKnight Foundation highlights the thriving arts community in rural Fergus Falls, Minnesota…