الجمعة، 21 سبتمبر 2012

Woodruff Arts Center hopes to reach fund goal - Atlanta Business Chronicle:

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Atlanta's largest local arts organization has nearluy reached its 2007corporate fund-raising campaignb goal, raising 75 percent of its $8.5 milliojn target. But a July 31 deadlinde looms to raise theremaining $2 Beauchamp Carr, Woodruff Arts Center executive vice president, said he'sa confident the organization can raise the remaininy money, despite the loss of majoe donor The telecommunications giant was bought by San Antonio-based earlier this and so far the combined companty is not a major donor to the arts Carr said he had nothing to announcee about an AT&T donation, and said the arts cented has a 9 percent turnover rate among corporate donors annually.
This year'sd campaign is on pace with last year's, when the arts centere had raised roughly the same percentageof 2006's $8.26 million goal by this time. That fund-raising drive met the July 31 The campaign alsoincludes $1.2 milliohn in challenge grants -- money that will be donated by corporations only if the arts center receives new outsidd donations, or increased giving from existinf donors. The Community Foundation for Greatert Atlanta and The haveissued $190,00o and $100,000 challenge grants, respectively.
The is the arts center'x largest donor so far this giving $400,000 and issuing a $100,000 challenge The arts center is named for legendary formetr Coke CEORobert Woodruff. He was a primary force behind thearts center's The arts center funds the Alliance Theatre, the Atlanta Symphonh Orchestra, the High Museum of Art and the Younfg Audiences program. The annualo corporate donation drive supplies 10 percent of the fundsx for each of the four The has not paid part of its 2007 officew condoassociation fees, a May 16 lawsuiyt by the building's condo association To date, the states the museum has failedx to pay $12,000 in membership dues and The dispute, according to the initial began last fall when the condo association discoveree it was incorrectly calculating membership fees for the sole commercialk occupant of the Centennial Olympic Park Drivr building.
A new fee calculation method drasticallyincreased Children'es monthly fees, up 62 percent from $3,074 per month in 2006 to $5,0000 -- a compromise between the museuk and the condo association -- in 2007. But the museum has paid 2006' s monthly amount this year, rather than the new $5,0000 requirement, as both sides continue to resolve thefee Children's Museum Executive Director Jane Turnet said the complaint isn't affecting operations.

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