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Ann Arbor art commission proposes $1,000–$5,000 mini‑grants using endowment interest
Summary
Commission leadership reported an Ann Arbor Community Foundation endowment balance of about $22,000 and proposed a mini‑grant program to distribute interest — roughly $5,000 a year — to support public art projects and performances in the city.
At its May 7 meeting the Ann Arbor Public Art Commission discussed using interest from the Ann Arbor Public Places Endowment Fund to seed a small grants program for public art projects in the city.
“Right now we have $22,000 in an endowment that we can draw from,” Mary (commissioner; last name not specified) told the commission, citing a report from the Ann Arbor Community Foundation. Commissioners estimated the available annual interest to be roughly $5,000 and discussed awarding multiple grants in the first…
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