The Metropolitan Atlanta Arts Fund, an initiative of the Community Foundation for Greater Atlanta, today announced two additional grants as part of its pilot Arts Capitalization program.
Among the largest Arts Fund grants ever given, they will support the capitalization plans of Atlanta Celebrates Photography ($160,000) and Horizon Theatre Company ($180,000). The two organizations were finalists for the pilot Arts Capitalization program, which awarded the $200,000 grant to the Atlanta Contemporary Art Center last year.
“Historically, many small to midsize arts groups have thin financial resources and little if any cushion,” said Arts Fund director Lisa Cremin. “All three organizations have excellent plans for how to make their organizations financially stronger for the long term.”
Funding for the capitalization program came from the Zeist Foundation, The Arthur M. Blank Family Foundation and The R. Howard Dobbs Jr. Foundation. Other supporters include the Coca-Cola Company and PNC Bank.
Cremin said, “Our intent all along has been to create a groundswell rather than just make a single grant. A movement toward capitalization can change the game for the arts groups in our region. It will guide them to plan for financial sustainability in a more deliberate, long-term and rigorous way.”
Emory University’s Center for Digital Scholarship (ECDS) has launched AtlantaStudies.org, a website intended to bring together research projects, resources and information about the Atlanta metro region and inspire new scholarship.
“The Atlanta metro region is large, growing rapidly and understudied,” says Allen Tullos, professor of history and codirector of ECDS. “The Atlanta Studies project offers a unique site where shared research and discussion about the region’s past, present and future can take place among collaborating institutions and organizations.”