The Arts Foundation was created to support
the programs and services of the Arts
Council. The mission of the Council
is to provide advocacy and leadership
that inspires participation in and
a passion for the arts in our community.
The Arts Foundation has three primary
funds to which a donor may contribute:
unrestricted endowment fund, fields
of interest funds, and designated
funds.
Unrestricted gifts will be
held in perpetuity and will produce
annual income for use by the Council
as requested in an annual budget presentation
to the Foundation for operating purposes.
Field of
Interest Funds will address
specific areas within the purview
of Council and to promote the growth
of the arts. A field of interest fund
might address a donor's interest in
theatre that allows the gift to be
used to support theatre, without a
specific organization or program identified.
The flexibility these funds provide
are critical to the long-term nature
of the Foundation and to furthering
the vision of stability for arts programs
in Martin County.
Designated
funds will be fully donor
designated to provide assistance to
a non-profit organization, project
or facility within the goals of the
Council's mission. Designated funds
balance the donor's intent with professional
management of a long-term investment.
For example, a designated fund may
further a donor's desire to provide
music lesson scholarships for students
who wish to pursue a musical talent
but lack financial resources.
The Foundation's most active program
is a women's donor circle, Women
Supporting the Arts (WSA). The
OPUS Parents' Booster Club created
a fund to honor long-time director,
Ronald L. Corbin, in 2005 in honor
of his 20th anniversary with OPUS.
The Arts Foundation is a subsidiary
corporation to the Council. Its Board
of Directors are appointed by the
Council Board to serve the primary
mission of advancing the financial
stability for the Council and the
arts, as a growing industry, in Martin
County.

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