Excerpts from an article in the 2-16-09 issue of the TANOgram (Texas Assn. of Non-Profit Organization):
13-Feb-09 2:00 PM CST
By Suzanne Perry
The compromise economic-stimulus package passed today by the House of Representatives would provide $50-million for a new program to strengthen nonprofit groups so they can help people suffering from the economic downturn.
It would also provide $50-million for the National Endowment for the Arts and $200-million for AmeriCorps.
The new bill, which proposes about $787-billion in spending and tax cuts designed to create jobs and lift the country out of recession, restores some cuts to social spending the Senate made in its version of the bill.
The money for the National Endowment for the Arts would go to grants for “arts projects and activities which preserve jobs in the nonprofit arts sector threatened by declines in philanthropic and other support during the current economic downturn.” Forty percent would be distributed to state arts agencies and regional arts organizations and 60 percent to arts projects selected by competition.
The full text of the bill, the American Recovery and Reinvestment Act of 2009, is available on the House Rules Committee Web site.http://www.rules.house.gov/
To read the full text of this article, visit http://www.tano.org/en/art/259/