Capitol Broadcasting gives gift to Durham Arts Council.
[02.11.04] Raleigh-based Capitol Broadcasting Co. is giving a three-year, $150,000 challenge grant to the Durham Arts Council, the nonprofit’s largest corporate gift ever.
Capitol Broadcasting initially has given $50,000 to the group, which now must raise $200,000 in the next three years to receive the remaining $100,000 from the company.
The council last year made grants totaling over $195,000 to 55 arts groups and artists in the community, and gave facility space valued at over $246,000.
It also increased by 28 percent the number of classes it offered to children and adults, and enrollment in its 580 classes is up 31 percent to 3,619 students.
As the third-most-visited destination in downtown Durham, the council also had nearly 215,000 visitors last year, up 34 percent from the previous year.
The CEO of Capitol Broadcasting is Jim Goodmon, who also is board chair of the A.J. Fletcher Foundation, which publishes the Philanthropy Journal.