The Wallis Annenberg Foundation has awarded The Fountain Theatre a $40,000 grant for general operating support. The Annenberg Foundation is one of the top private philanthropies in the country, and is dedicated to using its resources to support organizations that are fostering positive change in the world. As Wallis Annenberg stated in an article in CSQ Magazine, “To me, the future of philanthropy – the true value of philanthropy in a world of massive needs—comes down to a single, simple word: innovation. Finding it, supporting it, growing as much of it as possible.”
“This generous unrestricted award from The Annenberg Foundation is a profound validation of the innovation that The Fountain Theatre has brought to the Los Angeles community for 29 years. From our MainStage productions, to our arts education and outreach programs, The Fountain strives — through art — to illuminate and uplift the diverse communities of Los Angeles,” says Director of Development, Barbara Goodhill. “We are deeply grateful to The Annenberg Foundation for its generosity and partnership.”
The Annenberg Foundation’s Mission, Values & Vision:
The Annenberg Foundation is a family foundation that provides funding and support to nonprofit organizations in the United States and globally. The Foundation and its Board of Directors are also directly involved in the community with innovative projects that further its mission to advance the public well-being through improved communication. The Foundation encourages the development of effective ways to share ideas and knowledge. The Foundation is committed to core values of responsiveness, accessibility, fairness and involvement.
The Foundation believes in funding organizations that have a deep level of community involvement, are led by effective leaders and tackle challenging and timely problems. Specific organizational attributes valued by the Foundation are: visionary leadership, impact, sustainability, innovation, organizational strength, network of partnerships plus the population being served.