Shubert Foundation Awards Record $17.6 Million in Grants
Shubert Foundation Awards Record $17.6 Million to Theater, Dance Groups
The New York City-based Shubert Foundation has announced $17.6 million in general operating support grants to 448 organizations.
Theater companies received 71 percent of the grants, which totaled $12.5 million, a year-over-year increase of more than 6 percent. Another 13 percent of grants were awarded to dance companies, with the remainder going to other performing arts organizations, professional theater training programs, and human service agencies. "At the Shubert Foundation, we believe it is particularly important to continue to increase our giving when so many others are cutting back," said Shubert Foundation president Michael I. Sovern.
Not only has the foundation increased its giving in each of the past thirty years, it has nearly tripled its support of the performing arts in United States since 1994. Established in 1945 by brothers and theater impressarios Lee and J.J. Shubert, the foundation awards unrestricted grants ranging from $5,000 to $275,000 to a broad spectrum of theater and dance companies, both urban and rural, large and small, featuring programming that ranges from classical to contemporary to the experimental.
The latest grants include $275,000 each to Lincoln Center Theater in New York City, the Chicago-based Goodman Theatre, and South Coast Repertory in Costa Mesa, California, Bloomberg.com reports. In addition, the Public Theater and the Manhattan Theatre Club each received $220,000.
"We are especially proud that we can provide increased support at this tenuous time when our constituency is experiencing an unprecedented loss of contributed revenue," said foundation chair 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 2009 grant recipients, visit the Shubert Foundation Web site.