By TAHLIB
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| "Madonna and Child" by Giovanni Bellini is one of the works in the Detroit Institute of Arts collection. |
Friday, 13 December 2013
Foundations Should Not Save Detroit, Including the Institute of Arts
Posted on 02:06 by john mical
ALPHA OMEGA ARTS
By TAHLIB
There are 92,000 reasons why Foundations should not bailout the City of Detroit and the Detroit Institute of Art. All 92,000 are local millionaires, but regrettably Foundations are being pressured to foot the bill of $500 million needed as part of the city’s bankruptcy proceedings. Foundation dollars should not be used to cover municipal or institutional debts. Besides, there is too much other work yet to be done in Detroit to use up 50% of Foundation annual giving on one arts project. On the other hand, local millionaires like A. Paul Schaap, who pledged $5 million; plus the state's taxpayers can and should make this happen, and make it happen quickly.
By TAHLIB
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