Saturday, May 06, 2017

Arts Journal

How The Feds Saved Literature In Tennessee

“This is the tale of how Tennessee literature was saved from a fate closely resembling oblivion by an unlikely hero: the United States government. Specifically, it was saved by the tiny portion of the US federal budget allocated to the National Endowment for the Humanities. More specifically, by the even tinier part of the federal budget that the NEH budget disburses to Humanities Tennessee, an independent affiliate of the national agency. The knight in shining armor who swooped in to save literature, it turns out, was Uncle Sam.”

New Nonprofit That Owns Philadelphia Inquirer Has More Than Doubled Its Endowment – And Is On Track To Quadruple It

“The Lenfest Institute for Journalism, launched in January 2016 with an endowment of $20 million from philanthropist Gerry Lenfest, announced today it has raised $26.5 million in additional gifts from a variety of sources. Impressed by the response, Lenfest says he’s ponying up another $40 million, an amount that will have to be matched.”

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