« Toronto Arts Foundation is once again creating a pandemic response fund to direct financial support to Toronto’s artists and arts workers. The Toronto Arts Foundation Resiliency Fund, launched today with a generous lead donation of $1 million from the Hal Jackman Foundation, will support charitable arts organizations committed to paying fees to Toronto artists and arts workers.
The Resiliency Fund is launching at a time when Toronto and the world continues to feel the effects of the COVID-19 pandemic. For the arts sector, the financial losses endured over the past two years – with four mandated closures of arts venues – have been great. Stats Canada has documented greater losses in the arts sector than almost any other. Although Canada’s overall labour force has now rebounded to pre-pandemic levels, this is not yet the case for self-employed artists. The performing arts sector has been particularly hard hit. Stats Canada estimates the performing arts lost 60% of revenues within the first year of the pandemic, leading to cancelled contracts for thousands of artists and arts workers.
Recognizing that performing arts have experienced a greater share of the loss, Toronto Arts Foundation is focusing initially on charitable performing arts organizations so that they may pay their contracted artists, regardless of show cancellations.
Toronto Arts Foundation is inviting arts philanthropists, sponsors and donors to make vital contributions to the Fund. New donations received through a year-long fundraising campaign will allow additional rounds of funding to become available for charitable organizations working in other disciplines. Visit Toronto Arts Foundation’s website to add your contribution to the Fund.
In line with CRA guidelines directing donations from foundations to organizations which are charities, Toronto Arts Foundation is permitted to fund arts charities for expenditure on artists/arts worker fees, while also offering increased stability to organizations affected by pandemic.
In order to process applications quickly and efficiently, Toronto Arts Foundation is leaning on its close affiliation with Toronto Arts Council (TAC) and its highly regarded peer assessment process, by inviting only those charities that have received a TAC grant in the past two years to apply. Eligible organizations are asked to fill out a simple one page application. The deadline to apply is April 6, 2022.
An extensive Frequently Asked Questions section has been added to Toronto Arts Foundation’s website for those interested in applying and / or donating to the Resiliency Fund. »
For more information, please visit: https://torontoartsfoundation.org/covid-19-response-efforts/toronto-arts-foundation-resiliency-fund
