Capitalization

Grantmakers in the Arts defines capitalization as “the accumulation of the resources an organization needs to fulfill its mission over time,” specifically with regard to financial health. In response to the observation that it has been the norm for the nonprofit arts sector to be poorly capitalized, an issue which disproportionately affects ALAANA organizations, GIA embarked on the National Capitalization Project (NCP) in 2010. Since its launch, GIA has provided resources, conferences sessions, publications, and workshops on nonprofit capitalization. GIA’s Conversations on Capitalization and Community are specialized workshops, held separately for funders and nonprofit grantees, focusing on what each group can do to support the financial health of nonprofit arts and culture organizations. These workshops are available upon request.

January 13, 2016 by admin
January 2016, 19 pages. The James Irvine Foundation, One Bush Street, Suite 800, San Francisco, California, 94104. www.irvine.org. Read More...
October 15, 2015 by admin
In 2008, ten performing arts organizations embarked on an experiment in capitalization. As participants in Nonprofit Finance Fund’s Leading for the Future (LFF) Initiative, the first program to introduce change capital on a national scale, they set out to develop new program models and operating structures that would respond to shifts in the artistic environment and serve as instructive examples to the field. Read More...
October 15, 2015 by admin
The mission of the James F. and Marion L. Miller Foundation, established in 2002, is to enhance the quality of life of Oregonians through support of the arts and education. In the midst of the 2009 recession, the foundation began a six-year grantmaking initiative that provided general operating support to Portland’s five large arts organizations. The foundation made important shifts in its grantmaking strategy to help shore up the financial strength and stability of the Portland Opera, Oregon Ballet Theatre, Portland Center Stage, Portland Art Museum, and the Oregon Symphony. Read More...
October 15, 2015 by admin
Extensive research has demonstrated what those close to the arts, culture, and humanities sector already know: the health of the sector is intertwined with the health of our communities. In addition to cultural enrichment, arts, culture, and humanities nonprofits create jobs, support economic growth, and contribute to community revitalization. Read More...