The grant is part of the foundation's year-long campaign to grow its community endowment and highlight its commitment to the arts and culture in the Williamsburg area.
The Williamsburg Players, chosen by Morgan Maddocks, reflects the profound impact theater can have on individuals and families, the foundation said.
The grant is the tenth and final surprise grant celebrating its 25th anniversary.
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First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.