"The National Arts Stabilization Fund, a consortium of private and corporate philanthropies ... , grew out of her collaboration, beginning in the late 1950s, with a Ford vice president, W. McNeil Lowry, to create incentives for symphonies, ballet companies, theaters and other arts groups to liquidate their deficits and build working capital reserves. The model's […]
SOURCE: The New York Times at 07:30AM on April 11, 2018