California Community Foundation Announces $20 Million Gift from Philanthropist MacKenzie Scott to Establish the LA Arts Endowment Fund
Los Angeles, California, USA, June 15, 2021 (GLOBE NEWSWIRE) -- The California Community Foundation (CCF) announced today a $20 million transformative gift from MacKenzie Scott, author, advocate and philanthropist,which will be used to sustain and strengthen the Los Angeles regions arts ecosystem through the creation of the LA Arts Endowment Fund .
- Los Angeles, California, USA, June 15, 2021 (GLOBE NEWSWIRE) -- The California Community Foundation (CCF) announced today a $20 million transformative gift from MacKenzie Scott, author, advocate and philanthropist,which will be used to sustain and strengthen the Los Angeles regions arts ecosystem through the creation of the LA Arts Endowment Fund .
- The creation of the Endowment is about ensuring the long-term sustainability of nonprofit arts organizations by strengthening the infrastructure of the arts in Los Angeles County for the future.
- We applaud and are grateful to MacKenzie Scott for investing in our communitys cultural and arts organizations, said Antonia Hernandez, President and CEO of the California Community Foundation.
- The LA Arts Endowment Fund emphasizes our commitment to the long-term well-being of the arts not just for today, but beyond.