The Chronicle of Philanthropy
How a Big Bet to Supercharge the Economy Shifted Gears |
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As the pandemic continues to force nonprofits and foundations to rethink everything, it’s important to look at what we learned from past challenges. That’s why in the December issue of the Chronicle we examined an ambitious grant-making effort started soon after the Great Recession. ArtPlace America was a $150 million collaboration by the nation’s biggest grant makers who hoped to prove that the arts could play a strong role in revitalizing communities devastated by the financial crisis. It ended up changing course significantly, in part because of the lessons it learned from its own evaluations – and it now has created a cadre of powerful community building nonprofits. This deeply reported article, which follows ArtPlace America and the nonprofits it supported through the past decade, is part of a Chronicle series that is dedicated to showing grant makers and charitable organizations what we can all learn from successes and failure in philanthropy. And it’s just one of the many articles that will give you the insights you need to thrive. Subscribe to the Chronicle today so you don’t miss our rich reporting, advice, and opinion essays, updated online every weekday. |
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