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Michigan Fine Arts Endowment Fund
History is being made in Michigan! A Michigan Fine Arts Endowment Fund is
being created to help develop, promote
and encourage the arts in Michigan for the benefit of our children and our local
communities for 2022 and beyond. This is the first of it's kind in Michigan and
in the USA for Classical Arts.
Over the previous 35 years, the Michigan Thygaraja Aradhana has been running
with the support from individual donor funds managed by GLAC and have supported
a variety of arts and culture programming. The event has also been a fundraiser
for the Paschima Kasi Sri Viswanatha Temple for the past 35 years where all the
proceeds collected have been fully donated to the Temple.
To make the Michigan Thyagaraja Aradhana a sustainable initiative in the upcoming decades, GLAC is
starting a 'Michigan Fine Arts Endowment Fund', an endowed fund which will work by
investing the principal and using only the interest to make the grants
available to our
community. The result is a gift that continues to grow and support the arts for
many, many years to come. What more, the funds donated can be tailored to your personal and
financial interests making this a lasting gift that is right for you.
For generations, patrons of arts, music and culture have helped open eyes, touch
spirits, enrich souls, connect people, create understanding, and overcome
differences. Lifetime gifts and legacies keep the arts alive—supporting artists,
promoting culture, and improving communities.
Please contact Sri B Roger Natarajan (classicbrn-at-hotmail-dot-com)
or Sri CK Venkateswaran (cklakshmi1970-at-gmail-dot-com),
two of our prominent community leaders who have been involved with Thyagaraja
Aradhanas for over 35 years for
information on this initiative and learn how you can help
continue the work of this Arts Initiative or support an aspect of the arts
important to you, your family and friends, or your local community.
Fine Print:
 | The endowment needed is $100K with a stretch objective of $250K to sustain
the Thyagaraja Aradhana |
 | Donations can be any amount and can be spread over several years (e.g
$5000 for 5yrs) |
 | The interest from the Endowment will be used only for artist remuneration
for the Aradhana (and for nothing else) |
 | The principal will never be touched and will not decrease in value over
it's lifetime |
 | There will also be an honorable mention of our patrons on the website
(optional) |
 | All donations to the endowment fund are tax-exempt |
Ways to donate: Check payable to GLAC | Venmo:
@glacmichigan
| Zelle:
glacmichigan@gmail.com
Why support the arts?
It feels good. Art has a personal—and positive—effect on individuals. It
surfaces emotions, sparks imagination, and uncovers possibilities. Ask people
why they love art—chances are you’ll hear that it astonishes, energizes,
empowers, inspires, motivates, surprises and teaches. Art touches lives for the
better.
It does good. The value of art goes beyond its beauty and power to move
individuals. Art has societal benefits as well. Research shows that art fuels
local economic growth—contributing jobs, advancing tourism, and nurturing the
creativity that is a hallmark of our region. Arts education helps kids succeed
in school because it improves their ability to learn in other subject areas and
increases their self esteem. And art brings people together—fostering social
connections, bridging cultural differ¬ences, promoting deeper understanding of
others, and encouraging civic engagement. Add it all up, and it is clear that
art strengthens community.
It’s time now. It’s never been more important to take action. Michigan State funding for
the arts is at an all-time low. Indeed, the decline has been dramatic and swift—
funding has dropped. Today state art funding is less then a few cents per person
per year—an amount that is less than almost every other state in the nation. The
decline in state funding directly affects artists and arts organizations. This
loss in revenue cannot be offset by increased ticket or admission prices
alone—revenues that account for less than half of the actual costs of operating
most arts organizations. It’s up to us to ensure that the arts thrive in our
community.
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