$7M for Detroit arts – Improving city’s quality of life

The Kresge Foundation has announced a challenge grant of $7 million for the capital campaign of the Detroit Institute of the Arts.

The capital campaign, which began in April 1999, hopes to raise $131 million over the next five years to support physical improvements and fund operations. A second phase of the campaign hopes to raise an additional $200 million by 2009, so that the institute will be less dependent on public funding.

The foundation has a long history of giving to the institute, including a $1.9 million grant in 1981 to help fund renovation and a 1970 gift that helped build the institute’s conservation lab.

The challenge grant is funded through the organization’s Detroit Initiative, which invests in groups that improve the city’s quality of life.

For full text, see the Detroit Institute for the Arts.

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