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The Endowment expects to distribute up to 15 new grants starting at $25,000 to help finance emerging arts districts and design projects that enhance public spaces, like parks, libraries, memorials and pedestrian bridges.
Just south of Union Square, the Grace Church School, which has a $17 million endowment, expects to draw about $400,000 from those funds next year — a drop of about $100,000 — to support school activities.
The endowment expects to hold 20 or so workshops at American military installations between now and next spring (Camp Lejeune was the second stop; the first was Fort Drum in upstate New York in June), with a formidable roster of participating writers selected by an independent panel of editors appointed by the endowment.
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Princeton University has lost 11percentt on its endowment, and expects the losses to reach 25percentt when the value is fully calculated at the end of the fiscal year, the university's president, Shirley M. Tilghman, wrote in a letter to staff members and students.
The capital campaign for the project — including endowment — is expected to be between $130 million and $150 million.
The endowment is expected to nearly double, to $7.9 million, for the fiscal year ending July 31.
Mrs. Petrie is now not only the heir to an immense personal fortune but a trustee of the Carroll and Milton Petrie Foundation, whose initial endowment is expected to be as much as $400 million.
The second campaign, a $20 million drive to increase the theater's endowment, is expected to allow the Alley to double the size of its resident acting company from 12 to 24 people and to commission plays for them.
The winners of Arts Council England/DCMS Catalyst awards to help arts organisations establish endowments are expected to be announced soon.
If the representation of spatiotemporally continuous objects is part of our evolutionary endowment, we might expect to find such representation in the newborn of other species, and indeed we do.
The university expects that its permanent endowment at the conclusion of its first comprehensive campaign will top $100 million.
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