"The arts have the power to unite our community," Jennifer O'Flannery Anderson, CEO of the Community Foundation of Broward, says in a press release.
"They inspire us, educate us, and challenge our perspectives."
O'Flannery Anderson is referring to the $430,000 in grants the foundation has awarded to eight arts organizations in South Florida, the Sun-Sentinel reports.
The eight organizations are Florida Youth Orchestra, South Florida PBS, Brazilian Voices, Brevo Theatre, Grace Arts Center, New City Players, GENVAS (Venetian Arts Society), and Funding Arts Broward.
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Established by Big Society Capital and the Northern Rock Foundation, the North East Social Investment Company is soon to be launched for lending by mid-2014.