Marcia Thompson, 94, Ford Foundation Officer Who Helped Change The Way Arts Orgs Are Run And Financed
"The National Arts Stabilization Fund, a consortium of private and corporate philanthropies ... , grew out of her collaboration, beginning in the late 1950s, with a Ford vice president, W. McNeil Lowry, to create incentives for symphonies, ballet companies, theaters and other arts groups to liquidate their deficits and build working capital reserves. The model's […]
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