The Fountain Theatre is pleased to announce a grant award from the Shubert Foundation in the amount of $25,000 for general operating support to 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 fourth consecutive year that the Fountain Theatre has received support from the Shubert Fountain. Each year the award amount has increased.
“We are very pleased and proud of our association with the Shubert Foundation,” commented Fountain Co-Artistic Director Stephen Sachs. “The Shubert name is synonymous with excellence in the American Theatre. We sincerely thank the Shubert Foundation for its ongoing support.”
The Shubert Foundation is especially interested in providing support to professional resident theatre companies that develop and produce new American work.
“We want to help lift some of the financial burden,” said Foundation Chairman, Philip J. Smith. “So that the companies we support are able to focus on producing thought-provoking, relevant work for the widest possible audience.”
This year, The Shubert Foundation has awarded a record total of $30 million to 533 not-for-profit performing arts organizations across the nation. This marks the 38th consecutive year that the Foundation has increased its giving. The Shubert Foundation, Inc., was established in 1945 by Lee and J.J. Shubert, in memory of their brother Sam. Since the establishment of the Shubert Foundation grants program in 1977, over $443 million has been awarded to not-for-profit arts organizations throughout the United States.