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 Post subject: Arts Funding in Sarasota
PostPosted: Sun Mar 24, 2002 8:50 am 
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Joined: Sun Dec 12, 1999 12:01 am
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Location: The Bronx is up; the Battery's down
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>State money that the Sarasota County Arts Council has invested for an endowment fund wasn't meant to be used that way, says Secretary of State Katherine Harris.<P>Harris, who helped secure the $476,000 grant nearly five years ago when she was a state senator, wants arts leaders to come up with a new plan, and disburse the money this year.<HR></BLOCKQUOTE><P><BR><A HREF="http://www.heraldtribune.com/frontpage/story.cfm?ID=65204" TARGET=_blank>More</A>

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 Post subject: Re: Arts Funding in Sarasota
PostPosted: Sun Mar 24, 2002 9:34 am 
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Another entry for the 'You CANNOT be serious' awards:<P> <BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Caswell said Harris's office was informed of the plan. In a 1999 letter to Caswell, Harris's deputy secretary, Benjamin McKay, confirmed that the money could be used for an endowment.<P>"But he was simply saying it wasn't prohibited by law," Harris said last week. "It's not illegal, but it wasn't the intent of this grant."<HR></BLOCKQUOTE><P>


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 Post subject: Re: Arts Funding in Sarasota
PostPosted: Mon Mar 25, 2002 11:32 am 
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Location: SF Bay Area
What?!<P>Someone please explain in plain English what just happened.


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 Post subject: Re: Arts Funding in Sarasota
PostPosted: Mon Mar 25, 2002 12:41 pm 
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Location: The Bronx is up; the Battery's down
The arts council was given just under half a million dollars. Instead of granting it immediately to local arts groups, they set up an endowment, which in the long run would mean more money available to grant.<P>Ms. Harris wants it disbursed immediately. So do the large local arts groups, including my former employer.

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