Gainers Give to the Arts and Sciences
Post on April 17, 2015 by The Victoria Law Group 0 Comments
For those of you familiar with the organization Business Network International, you are familiar with the phrase “Giver’s Gain”. The culture of philanthropy is thriving in the U.S. so not only to Giver’s Gain, Gainer’s Give Back. In many cases, the Arts and the Sciences are the big beneficiaries. The Miami-based Knight Foundation on Sunday announced $25 million in new grants to South Florida cultural organizations that include the Perez Art Museum Miami, University of Miami Frost School of Music and the new Institute of Contemporary Art, Miami, bringing its total investment in South Florida arts to $122 million since 2005.
It will also continue to fund its popular grass-roots aimed Knight Arts Challenge through 2018, with $7.5 million, foundation leaders said at a community event Sunday evening.
Patricia and Phillip Frost have given an additional $10 million to the new scienc museum in downtown Miami that bears their names, bringing their total contribution to $45 million.
The latest gift is earmarked for the museum’s recently completed planetarium, which marks the mid-point in construction of the Phillip and Patricia Frost Museum of Science. The museum, in downtown Miami adjacent to the Pérez Art Museum Miami, is expected to open in summer of 2016.
Read Hannah Sampson’s and Joey Flechas’Miami Herald articles here:
http://hrld.us/1BwJTwj and here
Presented by Miami Business Attorney