GIA Blog

The Upstart Co-Lab Member Community has invested nearly $8 million in funds and startups, and Upstart plans to launch a $100 million impact investment portfolio for the Inclusive Creative Economy. The Upstart Co-Lab 2021 Impact Report details the impact framework, which tracks the impact of investments in the creative economy across five dimensions.

Media Impact Funders (MIF) share a glimpse of their time at Sundance Film Festival with a Film Funders Follow-up. In this conversation with Vincent Stehle, MIF executive director, Sonya Childress and Sahar Driver, Color Congress, and Denae Peters, Perspective Fund, participants discuss a new field-building organization called the Color Congress.

In a new report, "Studying Early Pandemic Data: Did Giving Sustain the Arts?," SMU DataArts shares analysis on the impact of giving to the arts during the COVID-19 pandemic. Daniel Fonner, associate director for Research writes the pandemic "has turned the arts and culture sector upside down in many ways."

The Barr Foundation (Barr) seeks consultant partners to support the newly launched cohort, Powering Cultural Futures (PCF), a new six-year initiative that provides funding, technical assistance, peer networking, and other supports to a diverse cohort of 15 BIPOC-rooted organizations in Massachusetts.

Victor Tavarez, John Harper, and Fay Hanleybrown present, “Four ways funders of collective impact efforts can help foster trust to strengthen collaboration and achieve greater impact,” in the Stanford Social Innovation Review.

A new report from Salzburg Global Seminar, The Creative Power of the Arts: Reimagining Human and Planetary Flourishing looks at creative reforms in the target areas of climate, health, education, and justice. According to the announcement, "As the world confronts the compounded impacts of the COVID-19 pandemic, climate crisis, and structural injustices, societies are bracing for a protracted and complex period of reassessment, reimagination, and restructuring. The culture and arts sector must be at the table and included in decision-making processes as societies seek to eschew a return to 'normal' and instead reimagine more creative pathways towards human and planetary flourishing."

A new bipartisan bill in Congress proposes a $300 million federal grants and commissions program for art workers. The Creative Economy Revitalization Act (CERA) is "a joint effort between hundreds of cultural organizations to stimulate the creative economy through public art projects across the United States,” pens Billy Anania in Hyperallergic.

Last month, the William and Flora Hewlett Foundation, along with Omidyar Network, announced more than $40 million in grants to support the establishment of multidisciplinary academic centers dedicated to reimagining the relationships among markets, governments, and people. "At a time when conventional economic prescriptions are failing and democratic governance is threatened around the world, scholars at leading academic institutions will investigate how economies should work in the 21st century and the aims they should serve," the Foundation stated in their announcement.

"The Apprenticeships for Leaders in Mosaic Arts (ALMA) Summer Institute is a paid apprenticeship for youth ages 16 to 24 to create permanent handmade tile mosaic murals in public spaces across Albuquerque," reports Erica Sweeney in Next City.

"Chicago’s creative vitality is worth celebrating, but we must acknowledge that support for the arts and culture sector has not been distributed equitably across the city’s geographies or populations. With this in mind, in 2019 MacArthur announced a new approach called Culture, Equity, and the Arts (CEA), through which we directly support organizations with annual budgets of $2 million and above," Geoffrey Banks, senior program officer, Chicago Commitment, shares a new, more equity-centered approach for our funding to small and medium sized arts and culture organizations.