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Challenge Grant

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NEWS
April 4, 1991 | By Nancy Goldner, Inquirer Dance Critic
The revived Pennsylvania Ballet yesterday received its first challenge grant from the Pew Charitable Trusts, a longtime supporter of the company. Under the terms of the $500,000 grant, announced at a news conference, the ballet must raise $800,000 from other sources by July 31 to receive the Pew money. The ballet's goal is to raise $2.5 million to wipe out its operating deficit. It already has raised $1.2 million through a grass-roots save-the- ballet campaign. Christopher d'Amboise, the company's artistic director and president, called the grant "an amazing stamp of approval from the trust, and to show our gratitude to Pew and all the people who supported us, I mean to run the company well.
NEWS
June 13, 2012 | By Stephan Salisbury, Inquirer Culture Writer
H.F. "Gerry" Lenfest, fresh from the successful opening of the Barnes Foundation gallery on the Benjamin Franklin Parkway - where he was a key supporter of the foundation's move from the suburbs to the city - has now focused his financial energy on building a new history museum near Independence Mall. At a news conference Tuesday, the American Revolution Center is expected to unveil New York architect Robert A.M. Stern's design for a new Museum of the American Revolution at Third and Chestnut Streets, and in support of the push for the museum, Lenfest will announce a $40 million challenge grant.
ENTERTAINMENT
April 18, 1996 | By Peter Dobrin, INQUIRER STAFF WRITER
With new, stricter guidelines from the Pew Charitable Trusts looming, the Opera Company of Philadelphia yesterday announced a $300,000 challenge grant that the troupe says will almost entirely eliminate its accumulated deficit. The gift, from Dennis Alter, chairman of Horsham-based Advanta Corp., and his wife, Gisela, is a 3-to-1 challenge offer up to $300,000. Alter will give the Opera Company $3 for every $1 it can raise, bringing the anticipated total to $400,000. The Greater Philadelphia Chamber of Commerce yesterday announced it would be the first to meet the challenge, making a $5,000 promise.
NEWS
December 20, 1996 | By Leonard W. Boasberg, INQUIRER STAFF WRITER
The National Endowment for the Humanities has awarded a $500,000 challenge grant to the Rosenbach Museum and Library in Philadelphia, home of some of the rarest books and manuscripts in the world. The grant, one of 26 awarded nationwide, is the largest the Rosenbach has received since its founding in 1954 by legendary book dealer A.S.W. Rosenbach, said director Stephen K. Urice. The grant is the largest of four challenge grants awarded to Pennsylvania institutions in the current round.
NEWS
February 18, 1989 | By Leonard W. Boasberg, Inquirer Staff Writer
The Pennsylvania Academy of the Fine Arts, the oldest art institution in the country, has been awarded a $600,000 challenge grant from the National Endowment for the Arts. The academy, founded in 1805, is one of 68 cultural institutions to which a total of $19.16 million has been awarded, according to the endowment's chairman, Frank Hodsoll. The grant will be used to complete the second phase of the academy's three- phase expansion plan. The phase includes expanding endowment, now $7 million; expanding space for staff and storage; enhancing public spaces, and establishing a laboratory to conserve works on paper, said Harold A. Sorgenti, chairman of the board of trustees.
NEWS
December 28, 1989 | By Lucinda Fleeson, Inquirer Staff Writer
The Philadelphia Orchestra announced yesterday that it had received a $3 million challenge grant from the William Penn Foundation, the first gift from a major Philadelphia foundation for the proposed $95 million concert hall. "It's a very significant sign," said Peter Wyeth, director of development for the orchestra. The foundation grant, he said, gave the concert-hall project "the Good Housekeeping Seal of Approval. " According to a statement by Bernard C. Watson, president of the William Penn Foundation, the grant "reflects our belief that the concert hall project is an extremely important one for Philadelphia.
ENTERTAINMENT
January 13, 2005 | By TOM DI NARDO For the Daily News
Less than two months after resolving a three-year contract agreement, the Philadelphia Orchestra has received two major grants. First came a $500,000 grant from the Presser Foundation, earmarked for education and community outreach programs. These initiatives will be phased in over the next five years, exploring music director Christoph Eschenbach's intention of "raising the invisible curtain" between musicians and the audience. A $10 million matching grant was also announced Tuesday from the Neubauer Family Foundation.
NEWS
September 25, 2010
CHICAGO - Facebook founder Mark Zuckerberg announced a $100 million donation to Newark public schools in a move that could enhance his reputation just before the opening of an unflattering movie about him, The Social Network . Why Newark? "Well, Newark, is really just because I believe in these guys, right?" Zuckerberg told Oprah Winfrey on her TV show. "These guys" are Republican Gov. Christie and Newark Mayor Cory Booker, a Democrat. The three appeared together Friday on Winfrey's show.
NEWS
November 13, 1987 | By Lucinda Fleeson, Inquirer Staff Writer
The Institute of Contemporary Art at the University of Pennsylvania announced yesterday that it has raised $1.17 million in pledges toward a $3.5 million renovation of its new building on 36th Street near Sansom Street. The $1.17 million, ICA officials said, is the result of pledges by each of the museum's 33 advisory board members. The museum also has received a $500,000 challenge grant from the National Endowment for the Arts, which must be matched by other gifts on a 4-1 basis.
NEWS
June 21, 1990 | By Lynn Hamilton, Special to The Inquirer
There are "no strings as of now" attached to a $500,000 challenge grant that the People's Light & Theater Company of Malvern has received from the National Endowment for the Arts, but officials there are prepared to "accept the grant under protest" if the government restricts how the money can be spent. People's Light must raise $1.5 million in order to match the grant. But the theater company is facing a difficult decision: should People's Light adhere to the strictures placed by a Congress still caught up in the controversy that began last year when an NEA-backed photography exhibit touched off a storm of criticism and charges of obscenity.
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NEWS
June 13, 2012 | By Stephan Salisbury, Inquirer Culture Writer
H.F. "Gerry" Lenfest, fresh from the successful opening of the Barnes Foundation gallery on the Benjamin Franklin Parkway - where he was a key supporter of the foundation's move from the suburbs to the city - has now focused his financial energy on building a new history museum near Independence Mall. At a news conference Tuesday, the American Revolution Center is expected to unveil New York architect Robert A.M. Stern's design for a new Museum of the American Revolution at Third and Chestnut Streets, and in support of the push for the museum, Lenfest will announce a $40 million challenge grant.
NEWS
September 25, 2010
CHICAGO - Facebook founder Mark Zuckerberg announced a $100 million donation to Newark public schools in a move that could enhance his reputation just before the opening of an unflattering movie about him, The Social Network . Why Newark? "Well, Newark, is really just because I believe in these guys, right?" Zuckerberg told Oprah Winfrey on her TV show. "These guys" are Republican Gov. Christie and Newark Mayor Cory Booker, a Democrat. The three appeared together Friday on Winfrey's show.
NEWS
June 30, 2009 | By Max Stendahl INQUIRER STAFF WRITER
The Sunshine Lady has offered to lend a hand, but are Delaware County residents equipped to take it? The Sunshine Lady Foundation, a private philanthropy led by Doris Buffett, sister of financier Warren Buffett, last month made a $100,000 challenge grant to the Delaware County Community Foundation. If the DCCF can match that sum in local donations by Dec. 31, down-on-their-luck residents would see the money available to them double. If the DCCF cannot raise at least $50,000, the Sunshine Lady's hand will be empty.
NEWS
April 11, 2009
Thanks to philanthropist H.F. "Gerry" Lenfest's financial commitment and civic cheerleading, a premier Philadelphia cultural institution is finding a way not only to weather the economic downturn but also build for the future. The $65 million Locust Street expansion just announced this week by the Curtis Institute of Music wouldn't have happened without Lenfest's challenge grant - under which the former cable mogul pledged nearly half the project cost. At the same time, it's impressive that so many other donors rallied generously to Lenfest's call.
NEWS
December 21, 2007 | By Martha Woodall INQUIRER STAFF WRITER
Teach for America's program in Philadelphia has received a major boost to increase the number of top college graduates it sends to city schools. The Lenfest Foundation announced a challenge grant yesterday of at least $10 million to expand Teach for America's presence in Philadelphia over 10 years, starting in fall 2009. It is the largest grant offer a regional Teach for America program has ever received, said a spokesman at the group's headquarters in New York. "We're thrilled," said Mike Wang, executive director of the program in Philadelphia.
ENTERTAINMENT
January 13, 2005 | By TOM DI NARDO For the Daily News
Less than two months after resolving a three-year contract agreement, the Philadelphia Orchestra has received two major grants. First came a $500,000 grant from the Presser Foundation, earmarked for education and community outreach programs. These initiatives will be phased in over the next five years, exploring music director Christoph Eschenbach's intention of "raising the invisible curtain" between musicians and the audience. A $10 million matching grant was also announced Tuesday from the Neubauer Family Foundation.
NEWS
January 11, 2005 | By Peter Dobrin INQUIRER MUSIC CRITIC
The Philadelphia Orchestra has landed another multimillion-dollar gift for its endowment. The $10 million promise, expected to be announced today, comes from a member of the orchestra family, former board chairman Joseph Neubauer and his wife, Jeanette. The challenge grant requires the orchestra to raise an additional $20 million for its endowment: $10 million from its board and $10 million from other donors by Aug. 31. Neubauer, 63, who is chairman and chief executive officer of Aramark Corp.
NEWS
November 27, 2004
In the challenge grant recently announced by Commerce Bank for Fairmount Park's century-old Smith Memorial Playground, there's a delightful echo of that old movie line: Come on, kids, let's put on a show! Commerce offers not only a four-year, $100,000 contribution to the first-phase renovation of Smith Playground, but also another $100,000 if that amount is matched by local companies. So here's the chance for corporate Philadelphia (and beyond) to make a showing for a good cause.
NEWS
August 26, 2003 | By Peter Dobrin INQUIRER MUSIC CRITIC
The artistic news from the Kimmel Center for the Performing Arts, more than a year and a half after opening night, is that it has reaffirmed its mission. It aims to be nothing less than a big, splashy arts center bringing in the best road shows while taking care to nurture indigenous culture. That the Kimmel's board would re-embrace its purpose was not a given, in light of the fact that the Kimmel is losing money - lots of it. In its first full operating year, which ended June 30, Philadelphia's most ambitious arts fledgling lost $3.8 million on a $25 million operating budget.
NEWS
April 13, 2000 | By Dale Mezzacappa, INQUIRER STAFF WRITER
Walter Annenberg's $500 million gift to 18 school districts has not brought about sweeping reform, according to a study by the Thomas B. Fordham Foundation. The Washington-based foundation says it believes public education will only improve if faced with competition through such alternatives as charter schools and vouchers. It based its conclusion on case studies of three big-city school districts that together got more than $150 million of Annenberg's unprecedented gift - Philadelphia, New York, and Chicago.
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