Koret Foundation Launches New Arts and Culture Initiative

Koret Foundation Launches New Arts and Culture Initiative

The Koret Foundation in San Francisco has announced the launch of a $10 million multiyear initiative in support of Bay Area cultural organizations.

The foundation's Arts and Culture Initiative will fund programs and strategies aimed at expanding opportunities for students to participate in arts and music education (both in-school and at institutions in the region), help new and diverse audiences access the arts, and build organizational capacity, stability, and resilience.

Inaugural grant recipients include the Asian Art Museum of San Francisco, which, as part of a larger renovation and expansion, was awarded $2 million for its Koret Education Center capital campaign; Cal Performances, which will receive $620,000 in support of an expansion of its classroom program in Oakland schools and new programming designed to engage new and existing audiences both inside and outside the theater; the Oakland Museum of California, which was awarded $225,000 in support of its efforts to provide free community and family programs that reach new audiences; and the San Francisco Opera, which will receive $990,000 to develop and pilot an innovative new music residency and mentorship program with the San Francisco Unified School District that uses musicians from the opera.

In addition, the foundation awarded grants totaling $1 million in support of forty-three small to midsize nonprofit arts and culture organizations in the Bay Area that are playing a critical role in supporting and sustaining the region's vibrant arts ecosystem.

"We are delighted to announce the grantees for our new Arts and Culture Initiative," said Koret Foundation president Michael J. Boskin. "We believe that in a time of great change in the nonprofit cultural sector, it is important to support bold ideas that catalyze innovation and build the next generation of artists and art enthusiasts."

(Photo credit: San Francisco Opera)

"Koret Foundation Announces New $10 Million Arts and Culture Initiative." Koret Foundation Press Release 12/13/2017.