Endowments

DRAA Endowment Funds

Arts Access Endowment | Scholarship | Unrestricted or Flexible

Arts Access Endowment Fund (Field of Interest Fund)
For our donors with a more targeted approach to giving, DRAA offers this fund which addresses a specific DRAA program and need in our community—The Arts Access Program. DRAA’s Arts Access Program helps bring the magic of the arts to low-income families, at-risk youth, isolated seniors, the disabled, and many others who would otherwise not be able to enjoy the arts. Your gift to DRAA’s Arts Access Program will enable these individuals to experience the full spectrum of quality performing and visual arts programs in our community.

Scholarship Fund
The DRAA Scholarship Fund makes it possible for deserving individuals to continue their art education, by providing direct aid to students in recognition of their financial need, their scholastic achievements, or both. You can work with DRAA to design scholarship criteria that match your interests and/or the needs of the community.

Donors may establish a scholarship fund in their name or the name of a loved one. The distributions from the fund are used to provide educational opportunities for individuals chosen by an independent scholarship committee. An example of DRAA’s Scholarship Fund is the “President’s Scholarship Fund” which was created last year to recognize the exceptional leadership and commitment of DRAA’s Presidents. Each year a talented high school senior, who has demonstrated exception talent, will be awarded the scholarship in their honor.

Unrestricted or Flexible Fund
Unrestricted or Flexible Funds are preferred by donors who want their donations to address our community's most compelling needs. Flexible Funds allow for the widest possible use of the fund to work toward stronger arts organizations within our community. DRAA urges all donors to designate some of their contributions for flexible grantmaking to help ensure adequate resources for unanticipated needs in the future.

By making an unrestricted gift, you give DRAA latitude in addressing the most pressing needs in the county today as well as the emerging needs of the next generation. Unrestricted funds are those from which grants are normally made in response to approved applications from community arts organizations. Such funds are also used to fund grants for proactive purposes approved by the Board of Directors.

Families, individuals, and businesses may be particularly interested in an Unrestricted Endowment when they:

• Wish to create a perpetual named fund to honor or memorialize a family, individual, or business
• Wish to create a perpetual named fund to which others may contribute
• Wish to provide funds which allow the board and staff of DRAA to respond to community needs in innovative ways
  

If you are interested in learning more about the Endowment Fund, and how you can make a lasting impact on the arts while receiving tax benefits, contact DRAA at 925.932.1731 or at info@draa.org.

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