United States Artists Receives $20 Million Operational Endowment from Ford Foundation, Others
Submitted by Monica on April 19, 2016
By Serge F. Kovaleski, writing for The New York Times:
The Ford Foundation, other philanthropic groups and some private donors have given nearly $20 million to United States Artists, an organization that makes grants to artists. … The money will serve as an operational endowment to support United States Artists’ staffing, conferences and the cultivation of nominators and the administration of grants, among other things. It will cover everything except the grants to artists themselves, which are financed separately.