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Shubert Foundation to Give Away Record $18.2 Million in Grants to Arts Orgs

Jacob Coakley • Theatre Buzz • October 12, 2010

The Shubert Foundation will give $18.2M in grants to more than 450 arts orgs.

NEW YORK-The Shubert Foundation will give away a record $18,215,000 in grants to support operations of a 450 nonprofit organizations (another record) throughout the U.S. in 2010.  In conjunction with the announcement, the Foundation has just published the annual report that details its gifts for the year. This is the 31st year in a row that the Shubert Foundation has increased its funding, and the Foundation's board has committed to increase funding again next year. The Shubert Foundation is the nation's largest foundation dedicated to unrestricted funding for nonprofit theatre and dance companies.  Grants ranging in size from $5,000 to $275,000 have been awarded to a broad spectrum of theatre and dance companies with programs that include experimental, contemporary and classical works, located in urban and rural areas from Maine to Alaska, Florida to California. 

Theatre companies in 42 states received $13 million of The Foundation's 2010 grants, while dance companies receive $2.5 million of The Foundation's funding.  The remainder has been distributed to other performing arts organizations, professional theatre training programs and human service agencies.

The Shubert Foundation not only increased its funding in 2010, but has given one-third of this year's recipients larger allocations than last year.  More than half of the groups receiving Shubert funding this year had previously scaled back annual budgets.

"We are proud to be helping vital arts institutions when they need it most," said Michael I. Sovern, president of The Shubert Foundation, Inc.

Roche Schulfer, executive director of Goodman Theatre in Chicago said, "We cannot begin to describe the positive impact that this extraordinary gift has had on the Goodman Theatre in this current economic climate.  The vision of The Shubert Foundation in providing unrestricted general operating support for companies across the country has been the most important factor in the growth of American theatre and dance over more than three decades."

"With its philosophy, generosity and continued support, The Shubert Foundation proves itself to be by and for the people who make theatre," stated Ginny Louloudes, executive director of Alliance of Resident Theatres/New York.

The $18,215,000 allocation of Shubert Foundation grants in 2010 is more than $625,000 above the 2009 amount of $17,588,000.  From 2001 to 2010 the Shubert Foundation has increased its grants by nearly $6 million, topping $152 million for the decade.  The number of grant recipients has increased from 334 in 2001 to 450 today. 

"We are especially proud that we can provide increased support when our constituency is experiencing an unprecedented loss of contributed income," said Shubert Chairman Philip J. Smith. "In the face of an alarming decline in arts funding, we feel more compelled than ever to deepen our commitment to arts organizations that enrich our society."

For a complete list of grantees and more information on the Shubert Foundation, please visit www.shubertfoundation.org

 

 

 

 

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