New Grantmaking: Tender Response and Tough Love

Wednesday, October 20, 8:30 pm – 10:00 pm

Organized by Janet Brown, executive director, Grantmakers in the Arts.

Presented by Robert Bush, senior vice president, cultural and community investment, Arts and Science Council; Ellen Holtzman, program director for American art, The Henry Luce Foundation; Martha Richards, executive director, James F. & Marion L. Miller Foundation.

This session explores three innovative approaches by funders to respond to grantees during the recession and beyond. Examples include a group of funders in Portland that took a leadership role in helping major institutions change their capitalization practices, a private foundation in New York City that changed its long tradition of project funding to offer general operating grants to meet the needs of their grantees, and a local arts agency in North Carolina that developed an objective method for reviewing financial data that leaves no question about the health of the organization applying for operating support.