Creative Approach to Giving Builds Momentum for Endowed Arts Funding in Broward
FORT LAUDERDALE, Fla., May 11, 2023 /PRNewswire/ -- A creative arts funding challenge match recently issued by BBX Capital Foundation has resulted in more than $1.6 million in new endowed funds for the arts in Broward County. As part of their $1M endowed gift commitment to the Community Foundation of Broward, BBX Capital Foundation offered a one-to-one challenge match of $500,000 to inspire other companies and individuals to establish their own endowed funds for the arts. BBX Capital is the Community Foundation of Broward's first corporate Community Builder and the first company to establish a $1M endowment for the arts in Broward.
- FORT LAUDERDALE, Fla., May 11, 2023 /PRNewswire/ -- A creative arts funding challenge match recently issued by BBX Capital Foundation has resulted in more than $1.6 million in new endowed funds for the arts in Broward County.
- Companies, individuals, and organizations that met the arts funding challenge include Stearns Weaver Fund for the Arts, Fred Smith Arts Fund, Judith Linnell Foundation Fund, Ed Hashek and John Jors Charitable Fund, John Ryan Fund for Performing Arts, Mildred H. Fagen Fund and the Funding Arts Broward Endowment Fund.
- The BBX Arts Challenge resulted in nearly $700,000 in new endowed arts funds from these generous donors.
- Community Foundation of Broward was quick to accept and meet the challenge because the need for dedicated arts funding in Broward is so great.