Tag Archives: Endowments

Trump Proposes Eliminating the Arts and Humanities Endowments

“A deep fear came to pass for many artists, museums, and cultural organizations nationwide early Thursday morning when President Trump, in his first federal budget plan, proposed eliminating the National Endowment for the Arts and the National Endowment for the Humanities. President Trump also proposed scrapping the Corporation for Public Broadcasting, a key revenue source for PBS and National Public Radio stations, as well as the Woodrow Wilson International Center for Scholars.” (via The New York Times)

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New York Public Library’s Endowment Sets a Record

“The New York Public Library’s endowment has topped $1 billion for the first time, but it needs to grow by another $400 million to compensate for setbacks over the past decade, according to the chairman of the library’s investment committee. The endowment stood at $1.01 billion as of Oct. 31 – a milestone celebrated Wednesday at a meeting of the library’s board of trustees.” (via WSJ.com)

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