Creative Capital Receives $250,000 Grant from The Muriel Pollia Foundation
February 1, 2007
Gift to Fund Muriel Pollia Award at Creative Capital
NEW YORK, NY (February 1, 2007) — Creative Capital, a New York-based nonprofit, is the recipient of one of the first grants from a newly established foundation in Los Angeles, The Muriel Pollia Foundation. A career broadcaster and philanthropist, Pollia passed away last year and a foundation was established in her name to support organizations and institutions closely allied with her interests in innovation and originality. Benevolent throughout her life, the creation of the new foundation is allowing her philanthropic practice to continue on an even larger scale.
“Muriel would have loved the Creative Capital program of supporting budding artists, because she did this on a personal basis all of her life. The Pollia Foundation is proud to be associated with this program, and it is one of the first major donations her foundation has made because the board was impressed with the uniqueness of the program,” according to Board Chairman Jay Rodriguez.
In 2004, after meeting several Creative Capital grantees at an event in her hometown of Los Angeles, Pollia made a $500 donation to the organization. Today, the new Muriel Pollia Foundation is increasing that donation five-hundredfold with a $250,000 grant to Creative Capital, which will use the gift to establish the Muriel Pollia Award at Creative Capital, to be given to two grantees from southern California whose work most embodies her values. The grant will also provide the two artists with full access to Creative Capital’s financial and advisory services.
For Creative Capital, this gift marks the first time a relationship with an individual donor has led to a named gift to support a specific community of artists. “We’re so pleased to help continue Dr. Pollia’s work in the arts. The Award will provide the freedom for those artists to continue to tackle an array of timely issues and do so in fresh and unexpected ways,” says Creative Capital Executive Director Ruby Lerner. With its diverse, growing body of funded projects and the inspiration of the Pollia grant, Creative Capital is beginning to design new opportunities for linking philanthropists to the artists and art that most excite them.
About the Muriel Pollia Foundation
Based in Los Angeles, the Muriel Pollia Foundation was founded in 2006 to honor the life and work of Muriel Pollia. Dr. Pollia was a humanitarian and an avid supporter of the arts with a passion for life, creativity and spirituality.
About Creative Capital
Founded in January 1999, Creative Capital Foundation is a national nonprofit organization that supports individual artists pursuing innovative approaches to form and content in the visual and performing arts, film/video, emerging fields, and innovative literature. To date, the organization has awarded nearly $6 million to 242 artist projects and has provided those artists with a range of advisory and skills-building services.
Creative Capital has developed a unique system of support for artists that is integrated, multi-faceted, and sequential. Drawing on concepts from both the venture capital and nonprofit sectors, the foundation commits to a long-term partnership with its funded artists through the life of the project, providing advice and services along with financial support. Grantees agree to share a small percentage of any net profits generated by their projects with Creative Capital, which applies these funds toward new grants. A complete list of grantees, profiles of funded projects, and up-to-date grant cycle information can be found online at the foundation’s website at www.creative-capital.org.
Sustaining support for Creative Capital is currently provided by The Andy Warhol Foundation for the Visual Arts, Doris Duke Charitable Foundation, The Ford Foundation, The Rockefeller Foundation, The William & Flora Hewlett Foundation, The James Irvine Foundation, The Nathan Cummings Foundation, The Emily Hall Tremaine Foundation, and more than 100 other foundations and individuals.
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