Sector leader investments
Appropriate levels of capitalization that allow an organization to grow or reinvent itself is standard in the for-profit sector, but has not routinely been considered a best practice in the nonprofit sector. The Arts & Culture Program wishes to reverse this trend.
This grantmaking strategy is designed to provide targeted investments in transformational projects that support a shift in an organization’s business model, particularly as it relates to capitalization principles. We seek to highlight examples of organizations that are reinventing themselves in response to field-wide pressures so that we can help drive change within the arts and culture field and create examples of innovation.
These awards are highly competitive. We recommend all grantseekers read our guide, Capitalization Philosophy and Terms.
Who is eligible?
- Organizations whose primary mission is arts and culture.
- Nonprofit 501(c)(3) organizations based in the United States that are not classified as private foundations and have financial statements prepared and certified by a certified public accountant in accordance with U.S. Generally Accepted Accounting Principles or Government Accounting Standards.
- Nonprofit 501(c)(3) organizations that have a long-term agreement to operate a government-owned facility.
Who is not eligible?
- Subsidiary organizations, programs and departments focused on arts and cultural activities or those associated with parent organizations such as universities or human services agencies.
- Startup organizations or those with less than two full years of operation.
- Organizations that are both owned and operated by a government entity.
- Organizations without an audit as described above. Reviews, compilations or financial statements prepared on a cash or modified cash basis will not be accepted.
- Organizations located outside the United States.
The 2011 funding is complete and the program is under review. We will announce a program update in spring 2012. Watch the Apply for Funding page for more information.