The Fountain Theatre has been awarded a 2018 grant in the amount of $20,000 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 third year that the Fountain Theatre has received support from the Shubert Fountain. Each year the award amount has increased.
“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. “
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.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.