The Shubert Theatre, New York.
The Fountain Theatre has been awarded a 2017 grant in the amount of $15,000 from The Shubert Foundation to support the general operating of the organization. The Shubert Foundation provides grants only to organizations that have an established artistic and administrative track record, as well as a history of fiscal responsibility.
The award marks the second year in a row that the Fountain Theatre has received support from the Shubert Fountain. This year the award amount was increased.
“This grant is a substantial award from a foundation whose mission is to lend support to theatres of varying sizes across the country,” notes Barbara Goodhill, Fountain Director of Development. “This is another step up forward in a year of growth for The Fountain.”
Theatres are evaluated individually and with appropriate allowance for size and resources. The standard for awarding these grants is based on an assessment of each organization’s operation and its contribution to the field. Artistic achievement, administrative strength and fiscal stability are factored into each evaluation, as is the company’s development of new work and other significant contributions to the field of professional theatre in the US.
The Shubert Foundation, Inc. is dedicated to sustaining and advancing the live performing arts in the United States, with a particular emphasis on theatre. The Foundation’s Board of Directors believes that the most effective way to encourage the artistic process is by providing the general operating support that reinforces the structure that nurtures its development. Accordingly, The Foundation does not earmark its awards; all allocations are unrestricted.
The Shubert Foundation, Inc. was established in 1945 by Lee and J.J. Shubert in memory of their brother Sam, and is the sole shareholder of The Shubert Organization, Inc., which currently owns/operates 21 theatres: 17 on Broadway, one Off-Broadway theatre (The Little Shubert), and one each in Boston and Philadelphia. The Shubert Archive, a working repository of more than 10 million theatrical documents and related items, operates under the aegis of The Shubert Foundation.
“We sincerely thank the Shubert Foundation for its ongoing support,” said Fountain Co-Artistic Director Stephen Sachs. “The Shubert name is synonymous with excellence in the American Theatre. It’s an honor for us to be recognized by one of the most highly respected foundations and organizations in our field. “