By: Joel Goldenberg
Mount Royal MP Anthony Housefather announced last week more than $650,000 in federal funding for the Segal Centre, from the Canada Cultural Investment Fund.
“I am thrilled to see such a considerable amount of money going to this important arts institution,” Housefather stated. “I cannot wait to see the incredible work that the Segal Centre will be able to continue to do in the coming year because of this grant money.”
Lisa Rubin, Segal Centre artistic and executive director, thanked Canadian Heritage Minister Melanie Joly and her department “for its longstanding support and for recognizing the invaluable partnership between philanthropy and the arts.”
Housefather’s announcement points out that tha Canada Cultural Investment Fund “helps arts and heritage organizations to be better rooted and recognized in their communities by encouraging private sector investment, partnership and sound business practices through three components— endowment incentives, strategic initiatives and limited support to endangered arts organizations.
The Endowment Incentives Component also “encourages cultural organizations to build new revenue streams as raising capital and creating endowments gives these organizations greater capacity for realizing artistic expression by supporting their long-term stability.”