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An e-bulletin of the national Business Committee for the Arts
(BCA), a division of Americans for the Arts to demonstrate the value of
business-arts partnerships throughout the United States. For more
information about BCA and its programs, www.AmericansForTheArts.org/bca
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2009
Corporate Giving
According to a study by LBG Research Institute, the majority
of companies surveyed anticipate no change or an increase in corporate
contributions in 2009. Of those with corporate foundations, 50% say
their foundation budgets will remain flat. However, 49%
of companies that support arts and culture expect their giving to
decrease in this area. More than 80% said their giving will be more
strategic. For information, www.lbgresearch.org.
Companies
Cut Matching Gifts Program
More than a dozen companies have cut or reduced their
employee matching gift programs. Chrysler LLC reduced its matching
from a 2-to-1 match to a 1-to-1 match. General Motors suspended its
program. It is estimated that 10% of business giving in 2007
resulted from matching-gift programs. For information, www.wsj.com.
GM
Cuts Arts Funding
The General Motors Foundation notified cultural institutions
in Detroit that it is sharply cutting its multimillion dollar arts
sponsorship budget for 2009. Detroit organizations will also need
to adjust to the philanthropic budget cuts at Ford Motor Co. and Chrysler
LLC 2009. For information, www.freep.com and www.mlive.com.
BCA
EVENTS
Nominations
Now Open for THE BCA TEN - 2009
If you know a company that has made exceptional investments
in the arts, nominate it for THE BCA TEN: Best Companies Supporting the
Arts in America. Nominations close March 6, 2009. For
more information and to nominate a company, www.AmericansForTheArts.org/go/BCA10.
TAKE
NOTE
Chase
Announces Plans for SAM
JPMorgan Chase,
which took over Washington Mutual in September, announced that it
will not continue to rent Washington Mutual's 8 floors of office space at
the Seattle Art Museum. The museum had been using this income as
debt payment for its 2007 expansion. Chase is giving the museum $2
million a year for five years, but the museum will still be in need of an
additional $3.8 million a year. For information,
www.stranger.com.
Now
Accepting Session Proposals for the 2009 NAMP Conference!
The National Arts Marketing Project, a program of Americans
for the Arts, invites you to submit a proposal for its 2009
Conference. Join us for CollaborAction: Arts Marketing, Sponsorship and
Fundraising Strategies that Work! from October 30-November 2 in
Providence, RI. This year, the best minds in arts marketing and fundraising
will teach attendees how to work together to achieve more. Create a
conference session that redefines and reflects on best practices in your
organization. NAMP welcomes session proposals from a variety of arts,
nonprofit, marketing, and fundraising professionals. Share your practical
ideas and strategies on successful collaboration! Proposals will be
accepted until February 20. For more information, visit the 2009
Call for Proposals site:
http://artsmarketing.artsusa.org/proposals/2009_call_for_proposals.
International
Corporate Philanthropy Day
On February 23,
the Committee Encouraging Corporate Philanthropy (CECP) will celebrate
International Corporate Philanthropy Day. As part of the
initiative, CECP will host "Board of Boards" CEO conference and
encourages companies to plan programs to celebrate corporate philanthropy.
For information, www.corporatephilanthropy.org.
SPEAKING FROM
EXPERIENCE
"H&R
Block's involvement in the arts stems from our commitment to fostering
creative excellence and innovation in the lives of our associates and our
community. H&R Block is especially proud of the unique and dynamic
business/nonprofit partnership we have with Kansas City Repertory Theatre.
Together we are using our theater in a way that benefits H&R Block
and the KC Rep Theatre in ways we couldn't do at the same cost while
contributing to downtown revitalization, day-to-day commerce, and the
cultural landscape of Kansas City."
-Russ Smyth, Chief Executive Officer, H&R Block, Inc.
BCA
HAS MOVED
Please
update your address book with our new contact information:
Business Committee
for the Arts, a division of Americans for the Arts
One East 53rd
Street, 2nd Floor
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