All About the Benjamin's When Supporting Art

CREATEQUITY

Consider arts crowdfunding thoroughly kickstarted. Crowdfunding raised more than half a billion dollars for the performing and recording arts last year, almost 20% of the total money raised for all purposes through crowdfunding platforms, according to industry research. Lucy Bernholz is interested in investigating the small but increasing role U.S. foundations seem to be playing in driving this trend. Risë Wilson, the new Director of Philanthropy at the Robert Rauschenberg Foundation, makes the case – and offers a model – for arts grants as risk capital in an interview about the Foundation’s SEED grant program. [link]

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