New York City theater academies to benefit from numerous grants
July 26, 2013
The arts is something that is very important to our culture, yet organizations in this realm often have trouble with funding. These are among the first programs to be cut by the government, foundations and other benefactors when facing economic trouble.
However, the opposite scenario recently occurred in New York City, where the Andrew W. Mellon Foundation gave numerous grants worth a total of $3.5 million to various theater companies across the city. The grants were given to the New York Foundation for the Arts, which then disseminated the funds to the proper recipients.
Among those honored included the Pregones Theater in the Bronx, St. Ann's Warehouse in Brooklyn and The Chocolate Factory Theater in Queens. The majority of the recipients were given two-year grants worth between $10,000 and $200,000.
"The Andrew W. Mellon Foundation's New York Theater Program is oxygen for our theater. Their recognition and understanding of our deepest values and aspirations as an artistic enterprise is absolutely crucial to our well-being," said Kate Loewald, the founding producer of The Play Company.
The Mellon Foundation has a number of other focus areas that it gives money to across the nation, such as higher education, information technology, environmental conservation and art history.
Foundations and organizations that provide annual funding might benefit from nonprofit accounting software, which can help board members audit funds and make sure the correct amounts are being distributed to various programs each year.