Wall Street Woes Endanger Funding for the Arts
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The turmoil on Wall Street will affect a wide swath of New York City’s cultural institutions, hurting corporate and individual donations at a time when these organizations are facing what one philanthropist called a “perfect storm” of economic pressures.
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