The Shubert Foundation Awards a Record $24 Million in Grants

May 28, 2015

Foundation-353X245-2.jpgNEW YORK, May 27, 2015 – The Shubert Foundation’s 2015 Grants Program has awarded a record total of $24 million to 488 not-for-profit performing arts organizations in 46 States. The 2015 grants mark the 33rd consecutive year that the Foundation has increased its giving. 

“This year we are delighted to be offering support to a record number of 488 performing arts organizations in locations all around the country,” stated Shubert Foundation President, Michael I. Sovern. “Our longstanding practice of providing help in the form of general operating support remains unchanged. We are convinced that talented artists and administrators are best able to decide how to use the funds we grant.”

The Shubert Foundation is the nation’s largest private foundation dedicated to unrestricted funding of not-for-profit theatres, dance companies, professional theatre training programs and related service agencies.

Ranging from $10,000 to $325,000, the grants benefit a broad spectrum of arts organizations, from large to small, covering a wide range of locations around the country, from urban to rural.

The Shubert Foundation is especially interested in providing support to professional resident theatre and dance companies that develop and produce new American work.

“Every organization receiving a 2015 Foundation grant has demonstrated an extraordinary commitment to the performing arts,” said Foundation Chairman, Philip J. Smith. “We want to help lift some of the financial burden so that the companies we support are able to focus on producing thought-provoking, relevant work for the widest possible audience.”

Last year, the Foundation also established the Shubert Scholars Program at eight leading colleges and universities. The funds are dedicated to providing scholarship assistance to students in graduate degree programs in theatre arts. “Preparing the next generation of theatre artists is a central goal of the Foundation,” said TSF President Michael I. Sovern.

Since the establishment of the Shubert Foundation grants program in 1977, over $360 million has been awarded to not-for-profit arts organizations throughout the United States.

The Shubert Foundation continues its commitment to the Shubert Archive. Created by the Foundation in 1976, the Archive  contains more than a century’s worth of production designs, scripts, sheet music, publicity materials, photographs, correspondence, business records and architectural plans. The collection, which has grown substantially over the years and continues to expand, is available to researchers, writers, historians and theatre professionals.

The Shubert Foundation, Inc., established in 1945 by Lee and J.J. Shubert in memory of their brother Sam, is the sole shareholder of The Shubert Organization, Inc. Since its founding in 1900, The Shubert Organization has produced or co-produced hundreds of plays and musicals, both in New York and in cities across the country. Currently, the company owns and operates 17 Broadway theatres, and six Off-Broadway venues.

For more information about The Shubert Foundation and its grants program, visit www.shubertfoundation.org

The Shubert Foundation, Inc.

Board of Directors

Philip J. Smith, Chairman          Michael I. Sovern, President

Wyche Fowler, Jr.                    Diana Phillips

Lee J. Seidler                      Stuart Subotnick

Robert E. Wankel

 

Executive Director

Vicki Reiss

 

Program Director

Amy Dorfman Wine

 

234 West 44th Street

New York, NY 10036

 

212-944-3777