Philanthropic practice

Booms and Busts

From the depths of our economic trough it is hard to look ahead, clear-eyed, and to see where U.S. foundations are headed. But consider, for a moment, where we have been. We have experienced an era in which: :

• New scientific and technological advances captured the popular imagination.
• These innovations promised a huge jump in economic productivity.
• There was talk about a new economy replacing an old economy.
• Many business corporations were consolidated and reorganized.

Arts Funding IV examines recent changes in arts grantmaking by one segment of private institutional donors — private and community foundations. While the larger, more fragmented arena of government and private support lies outside this investigation, it is nonetheless useful to place foundation support within this larger context. The following overview outlines the basic framework of private and public arts funding in the U.S. and discusses funding in relation to the overall financing of nonprofit arts groups.

The Fund for Folk Culture, based in Santa Fe, New Mexico, has initiated a series of gatherings, supported by a grant from the NEA, to examine topics relevant to folk arts and traditional culture. The first of those meetings was held in its home town at the Wheelwright Museum on March 13 and 14 to discuss the needs and concerns of individual artists in the folk and traditional arts field.

2001, 36 pages. Alliance for the Arts, 330 West 42nd Street, Suite 1701, New York, NY 10036, 212-947-6340

Who Pays for the Arts? is a fascinating analysis of funding trends for 575 cultural institutions in New York City from 1995-1999. Although charts, graphs, and statistics fill the study, the information they present is explained clearly and simply.

Federal Support for Historic Preservation Fund on Downward Trajectory
In his fiscal year 2004 budget, President Bush proposed $67 million for the Historic Preservation Fund. The Fund is authorized at $150 million, but historically the Congress and Administration have provided in appropriations just one third of the authorized amount.

September 11 and Beyond
The following is excerpted from a March 2002 interview with Susan Beresford (president, Ford Foundation) that is included in September 11: Perspectives from the Field of Philanthropy, published August 2002 by the Foundation Center, 79 Fifth Avenue, New York, NY 10003, 212-620-4230. It is published by permission of the Foundation Center.

FC: It was common in the weeks after 9/11 to hear people say that the attacks had changed everything. Did September 11 change everything?

Wireless Technology Investment and Digital Dividends Act
Representative Ed Markey (D-MA) introduced a bill on May 2, 2002, that includes some of the ideas introduced last year by Newton Minow and Lawrence Grossman in their Digital Promise proposal.

March 6-8, 2002, Washington, D.C.

April 17-21, 2002, Lexington, Kentucky

• A bilingual play brings together migrant workers and immigrant rights activists in a pointed comedy portraying communications and miscommunications among Anglos and Spanish-speaking peoples living in and working in one community today.

• An African American theater company performs a rollicking — but serious — romp through the cultural changes from Motown to hip-hop, from soul food to vegan, from post-60s to post-modern America.

Art collector, philanthropist, and software entrepreneur Peter Norton, inventor of Norton Utilities, established his family foundation with his wife Eileen Norton in 1989. Based in Santa Monica, California, the Foundation has an endowment of approximately $33 million; its giving last year was close to $4.5 million. The primary focus of the Foundation is on contemporary visual arts nationwide.