
The first half of the 1990s represented a period of instability in arts support. Dramatic cutbacks in federal funding and modest growth in giving from individual and corporate donors raised significant financial challenges for the arts community. Although they were but one part of a much larger funding mosaic, foundations represented a stable and growing source of funds. A buoyant stock market, gifts into endowments, and the creation of new philanthropies helped to raise foundation spending in all fields and bring substantial new resources to the arts field. Yet, despite a sharp rise in grant dollars, the arts' share of all funding lost ground.
Arts Funding: An Update on Foundation Trends represents The Foundation Center's third examination of the role of foundations supporting arts and culture. The Center's first study of national trends, Arts Funding: A Report on Foundation and Corporate Grantmaking Trends, mapped funding for the arts through the 1980s. Arts Funding Revisited: An Update on Foundation Trends in the 1990s carried the analysis through 1992. This latest study (released in November 1998) updates the status of arts giving trends through 1996 and includes several new features. All of these reports were developed in collaboration with Grantmakers in the Arts.
The new report analyzes just over 11,300 arts grants awarded circa 1996 by a sample of large private, corporate, and community foundations. It compares changes in arts giving with all foundation giving,and relates foundation funding trends to variations in government support, and provides extensive examinations of trends of specific to the arts field, such as
Among the many enhancements included in the third edition of Arts Funding are
To order copies of Arts Funding: An Update on Foundation Trends, call The Foundation Center at (800) 424-9836 (in New York State, (212) 620-4230) or order online.