Over the past 30 years the Getty Foundation, which began as the Getty Grant Program, has continued to shape its grantmaking to respond to the evolving needs of the field. Since 2009 the Foundation has awarded grants primarily through strategic initiatives. Highlights of grants from all 30 years are the Foundation’s anniversary map, which underscores the geographic range of projects. Additional information can be found on the Foundation’s website.
Grantmakers in the Arts
Barry Hessenius at Westaf has followed last week’s pre-election analysis with a new post on the elections outcomes:
When composer and Director of the Center for Performing Arts Medicine at the Houston Methodist Hospital Jefferson Todd Frazier tells people that he works for a center for arts and medicine, he says he receives some odd looks. Arts and medicine are two things that most people would rarely combine, and yet the Center for Performing Arts Medicine, or CPAM, has been doing just that successfully for 25 years. It was founded by a doctor known for treating opera performers, Dr. C. Richard Stasney, after he received a phone call from a performer in need of specialized care.
From Mark Belko, Pittsburgh Post-Gazette:
GuideStar, the BBB Wise Giving Alliance, and Charity Navigator don't ever want to hear you say these words again:
“Only X cents on the dollar go to overhead costs.”
Why? Because you do both your organization and your donors a great disservice when you focus on overhead as the key indicator of your worthiness to receive donations.
According to the new edition of Foundation Center’s Key Facts on U.S. Foundations, the country's 86,192 foundations held $715 billion in assets and distributed a record $52 billion in 2012. This annual research study estimates 2013 giving at $54.7 billion and the outlook for 2014 is for growth to continue ahead of inflation, with independent and family foundations growing at a higher rate than other types of foundations.
Among the key findings in the report:
- In 2012, New York State led the nation in overall foundation giving ($8.7 billion).
- California organizations ranked first in the amount of grant dollars received from the largest U.S. foundations ($2.4 billion).
- The Switzerland-based World Health Organization was the top recipient of international grant dollars in 2012.
From Daniel Moore, Pittsburgh Post-Gazette:
Five foundations are pooling close to a million dollars to create the New York City Cultural Agenda Fund to strengthen the City’s arts advocacy network, develop a cohesive agenda for cultural policy, and promote equity within the sector. Under the combined leadership of the Booth Ferris, Lambent, and Robert Rauschenberg foundations, The New York Community Trust, and the David Rockefeller Fund, the NYC Cultural Agenda Fund is expected to make grants of more than $700,000 over the next 18 months. Additional funders are encouraged to join.