SARASOTA – The Exchange, formerly the Women’s Exchange, will award $250,000 to 19 regionally based arts and cultural organizations and 22 students.
The awards will be given at an invitation–only event at the exchange on June 7.
Karen Koblenz who is the CEO of the exchange says the organizational grants are for specific projects and outreach programs, including performances, exhibitions, education initiatives and special series.
The Exchange’s board bases its granting decisions on many things including the educational impact these programs will have on area students.
“Whether you choose to shop, consign, and volunteer your time. It’s an act of generosity. It’s a form of philanthropy. We’re able to take the merchandise that people turn in or purchase and turn it into money which is then given away to support the arts,” said Koblenz. “It is the arts that separates Sarasota from every other beach community in Florida.”