The Ford Foundation has donated $116 million to support artists and arts organizations of color in the US, the New York Times reports.
That's more than double the $50 million the foundation donated to support artists of color in 2016, and it's part of a larger effort by the Ford Foundation and 57 other donors to fund arts organizations "led by and serving communities of color that have made a significant impact on the cultural fabric of the United States."
"This moment in United States arts philanthropy is defined in part by long-overdue investments in Black, Latinx, Arab, Asian, and Native artists and organizations," the Times quotes a statement from the Ford Foundation as saying.
"We see the impact of funding in our grant portfolio: For now, many of our grantees, from the Dance Theatre of Harlem to the National Museum of Mexican Art in Chicago, are financially more stable than they have ever been," the Times quotes a statement from the Ford Foundation as saying.
"The momentum to fund artists and arts groups of color is multi-pronged," the Times quotes a statement from the Ford Foundation as saying.
"This is the time for us to instead re-double our efforts to fund artists and arts organizations of color and continue sharpening our grantmaking practices to advance racial justice
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