Opportunity Fund Made a Change in Practice to Release Funds Above the Minimum Payout of 5%

The Opportunity Fund announced support totaling $1,112,500 in grants to arts and social and economic justice organizations, the largest cycle in its seventh year of grantmaking. "The increase in amount awarded is a result of the Board of Directors decision to release funds at a rate of 6% of its endowment annually, rather than the minimum requirement of 5%," states the announcement.

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