Ghost River Theatre is asking arts\u002Dminded Calgarians to help preserve the company’s legacy through a newly created endowment fund.
“An endowment fund is all about stability. If anything, COVID taught us the old one-off funding model is not really viable anymore. Arts organizations need a reserve that is available in times of crisis. An endowment fund will help keep our company healthy and thriving,” says Ghost River’s artistic director Eric Rose.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.
“Any donation made to our endowment fund before November 30 will be matched by Canadian Heritage. We know there are people who want to participate in ensuring the arts are a vital part of our city and we want to let them know this window is available to them. Anyone who wishes to donate can visit our website or go to The Calgary Foundation which will be holding and administering the fund.”
“Each year, we would add that $50,000 and any other donations back into the fund until we create a legacy fund of $1 million. All funds generated through the endowment will be used to support future theatre projects and create jobs for local artists and technicians. At times, Ghost River has employed as many as 50 people. We don’t want to lose that ability.”Article content
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