Gulf Coast Community Foundation's Board of Directors approved over $1.3 million in grant awards during its June meeting.
The Foundation conducted a review of its former Arts Appreciation Grants, which are now rebranded as the Empowering Arts Grant Program.
The 13 recipients are Asolo Repertory Theatre, Marie Selby Botanical Gardens, Florida Studio Theatre, Sarasota Ballet and Sarasota Orchestra.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.