Economic Turmoil and Change

To: President Barack Obama Congratulations and thank you for all you do. Your good friend Quincy Jones said: “…next conversation I have with President Obama is to beg for a Secretary of Arts.” We the undersigned support Quincy Jones’ plea. … Continue reading →

The $10.9 million includes more than 3,600 gifts from more than 1,500 donors, with 28 percent coming from The Atlanta Opera Board, 16 percent from foundations and government, 13 percent from corporations and 22 percent from individuals. The Atlanta Opera … Continue reading →

It has been a tough season for Intel, the world’s largest chip maker. Intel’s stock price slipped 42% in 2008 and its fourth-quarter numbers were poor, with net income off 90% from a year earlier. In such a difficult economic … Continue reading →

Here’s a concise summary of the line items in the Economic Stimulus Bill that directly fund the arts, from Bill Cleveland posted on Community Arts Network. Read More.

Even before he took the oath of office, Barack Obama and his administration were laying the groundwork for sweeping changes — even in the arts. On Thursday, Jan. 15, Bill Ivey, the former chairman of the National Endowment for the … Continue reading →

That, apparently, will be Valerie Jarrett, White House Senior Advisor and Assistant to the President for Intergovernmental Relations and Public Liaison. Jarrett stated upfront that she is a “true friend and partner” and wants to work with the philanthropic sector. … Continue reading →

“The proposed emergency expenditures on nearly every realm of education, including school renovation, special education, Head Start and grants to needy college students, would amount to the largest increase in federal aid since Washington began to spend significantly on education … Continue reading →

The Jerome Foundation Board of Directors has carefully assessed the Foundation’s economic health in terms of its financial integrity, adherence to mission, and the preservation of future capacity to authorize grants. In the 2008-09 fiscal year, the Jerome Foundation will … Continue reading →

What’s the reaction of greater Seattle nonprofit arts in this region to the current economic crisis? Focus. Through its recent survey (.pdf) of 81 King and Pierce County nonprofit arts groups, ArtsFund found that groups are focused on protecting core … Continue reading →

Many are being forced to shack up with someone else. Given the economic downturn, sharing of space may turn out to the new paradigm for Chicago cultural institutions. But even though the benefits of splitting costs, pooling resources and putting … Continue reading →