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How We Manage Endowment Funds

The expectation of an arts organization holding an endowment is to receive a stable long term income to support their mission/programming and assist in covering operating costs. Endowment income is also a source for funding to implement change, education and programs to build audiences.     Long Term Perpetual Funds The majority of endowments with

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Canada Cultural Investment Fund Increases Maximum Benefit

Economic Action Plan 2013 announced that the Endowment Incentive component of the Canada Cultural Investment Fund will increase to a maximum benefit of $15 million over the life of the program, an increase of 50 per cent. The Endowment Incentive component of the Canada Cultural Investment Fund helps promote corporate philanthropy and private investment in

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Ontario Arts Foundation Disburses $2.2 million to Arts Organizations Across Ontario

The Ontario Arts Foundation announced today $ 2.2 million in endowment income payments to 270 arts organizations across the Province of Ontario. The disbursements represent income earned on endowments created by arts organizations and funded jointly by the private sector and the government through two matching programs:  the Arts Endowment Fund, and the Canada Cultural Investment Fund. “The annual income received

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Gina’s Prize Recipient 2013

Toronto  – March 11, 2013 –The committee of the Gina Wilkinson Prize is pleased to announce that the 2013 second annual prize recipient is Krista Jackson of Winnipeg, Manitoba. The announcement came on March 10 – what would have been Gina’s birthday. Ms. Jackson was chosen from a list of 19 nominees from across Canada. Krista Jackson spent last season withThe

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2013 Recipient of the Laura Ciruls Painting Award Announced

Toronto – January 29, 2013 – The Ontario Arts Foundation is pleased to announce the 2013 winner of the Laura Ciruls Painting Award.  The $3,500 award is given annually to recognize an Ontario based mid-career painter. Toronto artist, Andrew Rucklidge is the recipient of the $3,500 award. Andrew is a Canadian painter who draws on an array of influences

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Special events – building prospective new supporters

Supporters of arts organizations commit support in a number of different ways:       Purchasing tickets/subscriptions and attending regular arts programs   Volunteer support to the organization’s activities and administration   Financial support through annual campaigns, special events, and special purpose campaigns   Prospective New Supporters Maintaining current records and information about supporter’s can

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