Ohio.com – Foundation gives grants to arts groups
Wednesday, June 24th, 2009The Akron Community Foundation is throwing a financial lifeline to Akron's art community.
It has approved quarterly grants totaling $1,666,085. That includes 31 community fund grants totaling $474,000, with $421,000 for arts and culture programs.
The foundation reports that it is assisting struggling arts groups with grants for operational needs during the economic downturn.
The foundation also set aside funds for those in need of food assistance. It approved $25,000 to establish the Food Pantry Capacity Fund. The effort will help Summit County food pantries buy the equipment they need to store and distribute fresh food.
''A vital part of Akron Community Foundation's mission is to respond to needs in the community as they arise,'' said foundation President and CEO John T. Petures Jr. in a prepared statement. ''The Food Pantry Capacity Fund does exactly that and, together, we will better position area food pantries to serve individuals and families who need it most.''
The foundation also granted 232 grants totaling $1,192,085 from 79 designated and donor-advised funds.
The Akron Community Foundation was founded in 1955.