Several of Charlotte’s most prominent companies and a late billionaire’s foundation have doubled their donations to the Arts & Science Council this year, helping the organization limit anticipated reductions in annual grants. ASC this week awarded $4.3 million in operating grants to 37 local arts and cultural organizations — down 26% from last year. In this case, a reduction of 26% looks pretty good; in January, executives warned of a decline of up to 50% without an infusion of cash. Weeks…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/07/03/asc-arts-grants-reduced-26-for-new-fiscal-year.html?ana=RSS&s=article_search
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