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Tuesday, August 11, 2009

Signs of Hope and Responsibility!

Philanthropy News Digest

Deutsche Bank Americas Foundation Awards $1.4 Million to NYC Arts Groups

The New York City-based Deutsche Bank Americas Foundation has announced grants totaling $1.4 million to help fourteen New York City arts organizations continue their programming during the recession.

All the selected organizations are past grantees of the foundation's arts and enterprise program and have pioneered important cultural initiatives and established strong roots within their communities, despite lack of access to well-heeled donors. The grants will be used for a variety of purposes, from sustaining educational programming at the Weeksville Heritage Center in Bedford Stuyvesant to making possible an ambitious schedule of sixty performances at Harlem Stage.

"Over the past several years, we have had the privilege of supporting a unique constellation of cultural institutions that not only reflect New York City's continued relevance as the world's cultural capital, but have also delivered the benefits of our emerging creative economy to some of our most vulnerable neighborhoods and citizens," said Gary Hattem, president of the Deutsche Bank Americas Foundation. "These grants will help preserve these institutions as important community assets while allowing for their continued leadership in furthering community revitalization."

For a complete list of grant recipients, visit the Deutsche Bank Web site.

Deutsche Bank Supports New York City Cultural Organizations With Arts and Enterprise Stabilization Grants.” Deutsche Bank Press Release 8/06/09.

Souccar, Miriam. “Deutsche Bank Throws Lifeline to the Arts.” Crain's New York Business 8/06/09.

Primary Subject: Arts and Culture
Secondary Subject(s): Economic Crisis
Location(s): New York


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