Anonymous donor gives $2.5 million to arts

ATLANTA - An anonymous donor identified only as the Kendeda Fund has given $2.5 million to help Atlanta arts companies through tough economic times. <br> <br> ``This is probably the single most important infusion of capital at one time to specifically address cultural deficits and stabilization,&#39;&#39; Lisa Cremin, director of the Metropolitan Atlanta Arts Fund, said Thursday. <br> <br> The money will be spread among organizations ranging from struggling small troupes to the National Black Arts Festival and Alliance Theatre. <br> <br> Groups in a 22-county area with annual budgets under $1 million can apply for money through the Arts Fund, which has been boosting grass-roots outfits for 10 years. <br> <br> Corporations and foundations are donated fewer dollars to performance and visual arts groups because of a deflated stock market. Governments have also have reduced their support in the face of shrinking revenues.

http://accesswdun.com/article/2002/12/186852