2006-07-05
The New Philanthropy: Its Impact on Funding of Arts and Culture
In late years of 20th Century, the term New Philanthropy is talked about broadly. One of the reasons is that new and various foundations were founded increasingly, and another result is because of the burgeoning economy. As the author Nina Kressner Cobb mentioned at this article, Foundations have been the fastest growing sector within philanthropy, with a growth rate consistently higher than that of the economy as a whole.
However, what is the impact on Funding from profit to non-profit, especially in Arts and Culture sectors? If this new philanthropy comes to an end, what should arts organizations or artists do?
To read this article:
http://www.culturalpolicy.org/pdf/Cobb.pdf
To read this article:
http://www.culturalpolicy.org/pdf/Cobb.pdf
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