Philadelphia Orchestra Settles With Pension Fund, Clearing Way for Reorganization
A year after entering Chapter 11 bankruptcy, the Philadelphia Orchestra has reached an agreement with the musicians' pension fund and announced details of a weeklong residency and concert tour in China. The $1.75 million settlement with the American Federation of Musicians and Employers' Pension Fund clears the way for the orchestra to emerge from bankruptcy, pending court approval of its reorganization plan. The William Penn Foundation has pledged up to $7 million to the orchestra's recovery and transformation.
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Recent Arts News in Philanthropy News Digest
The grant will be used to endow a coordinator of college programs position at the museum, ensuring the continuation of its successful initiatives to integrate its collection into the Amherst College curriculum....
Posted: 5/01/12
Grants were awarded to nineteen nonprofit arts organizations through the final funding round of a two-year, $2.5 million sustainability program administered by Richmond-based Bryan & Jordan Consulting....
Posted: 4/28/12
The gift includes a $15 million endowment for the creation of new works for the American stage through the Yale Center for New Theatre, which will be renamed the Binger Center for New Theatre in honor of Robina Foundation founder James H. Binger....
Posted: 4/27/12
Alumnus Chip McAllister has pledged to donate art valued at $5.5 million to the Ackland Art Museum and committed the proceeds from the sale of other pieces to an endowment that supports the UNC McAllister Heart Institute....
Posted: 4/26/12
Now in its second year, the competition awarded grants to more than thirty projects that promise to bring art into Philadelphia's neighborhoods and transform communities through public art installations....
Posted: 4/25/12
More arts news»
Funding Opportunities
A total of up to $1.5 million in grants will be awarded to nonprofit dance companies, theaters, presenting organizations, and service organizations for artist residencies that help to increase demand for jazz, theater, and/or contemporary dance....
Deadline: 6/01/12 (Intent to Apply Form)
Funds will be awarded to help support undergraduate/graduate social justice documentary thesis projects as well as final projects by individuals participating in production programs at media arts centers....
Deadline: 6/01/12
Up to twenty-five grants of up to $50,000 will be awarded to published authors for articles, blogs, books, new and alternative media, and short-form writing on contemporary visual art....
Deadline: 6/06/12
Grants of up to $30,000 are available to support film festivals in the United States taking place in 2013....
Deadline: 6/27/12
More requests for proposals»
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