Thursday February 7, 2008

The Knight Foundation has announced major grants to three local arts organizations: $10 million to the Miami Art Museum, $5 million to MoCA, and $5 to the New World Symphony. Other organizations and individual artists can apply for a chunk of another $20 million available for smaller grants, which must however be matched by funding from other sources. Given this, and given the recent $30 million Arsch gift and the $10 million recently given to the Harn museum in Gainesville, the question becomes: who’s going to be the next to step up with an 8-figure donation?

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  1. Curious    Thu Feb 7, 04:16 PM #  

    Does anyone think its strange that Alberto Ibarg├╝en, president and CEO of Knight Foundation sits on the board of MAM?

    MAM gets 10 million
    MOCA gets 5 million
    NWS gets 5 million

    Are there ethics involved when giving away large sums of money?

    Just curious.

  2. swampthing    Thu Feb 7, 10:23 PM #  

    I talk with local artist young and old, many have a tough time paying the rent. Where do all those crazy art-dollars go in a trickle-down industry.

  3. Philanthropsky    Fri Feb 8, 02:21 PM #  

    It’s not that strange. Board members are expected to do fundraising, make donations, and otherwise help secure support for the organizations they are involved with. No doubt the decision for him to join that board was a strategic one.