At ArtsWave, we want everyone in Greater Cincinnati to experience the positive benefits of the arts – a more vibrant regional economy and more connected communities. In fall 2015, ArtsWave released the Blueprint for Collective Action in the Arts which outlines five community goals, a roadmap for their achievement, and a framework for ArtsWave’s community investment strategy and grant programs for the next ten years.
All applicant organizations are asked to demonstrate how their work aligns to one or more of these five strategic areas. We strongly recommend downloading and reviewing this document to familiarize yourself with this framework before applying for ArtsWave support.
The Lazard and Coralie L. Kahn Arts Scholarship 2023
The Lazard and Coralie L. Kahn Arts Scholarship is an annual scholarship to be used for any person in the Greater Cincinnati Region who is pursuing a career in the arts, including but not limited to talent, administration, and or technical careers in the performing and visual arts. The scholarship is managed through ArtsWave for the Bertrand B. Kahn Trust.
The scholarship may be used for payment for college or other professional learning courses, professional learning opportunities, including conferences and travel, sabbaticals, presentations, or other merited learning opportunities. Candidates from historically underrepresented backgrounds are encouraged to apply.
For 2023, two scholarships are available for $3,000 each. Applications are being accepted now through December 29, 2023 at 5:00 pm. Completed applications should be complete through ArtsWave’s online application site, artswave.submittable.com/submit. Awards will be announced at ArtsWave’s Campaign Kickoff on February 6, 2024.
To apply, complete the application form with the following:
- Applicant information
- Describe the learning opportunity that may be funded
- Describe how the applicant qualifies for that learning opportunity
- Describe the value of the scholarship to the applicant
- UPLOAD a one-page letter of recommendation from an instructor, supervisor, colleague, or other individual who can speak to the deserving nature of the applicant.
For more information, please contact Ray Gargano, Vice President of Community Investments, at ray.gargano@artswave.org.
Working Capital Bridge Loan Guidelines
Purpose
The purpose of the Working Capital Bridge Loan is to provide a useful, no-interest financial tool to address demonstrated, short-term cash flow needs of small and mid-sized arts and cultural heritage organizations in Greater Cincinnati. The Working Capital Bridge Loan Fund, first established through a private gift, was expanded in 2009 by a donation from the Weathering the Economic Storm Fund, a collaboration of Cincinnati funders.
Who May Apply
To be eligible for a Working Capital Bridge Loan, an organization must meet all of the following criteria:
- Have a 501(c)3 tax status for a minimum of three years
- Have a primary mission to provide programs or activities in areas directly concerned with arts or cultural heritage for the general public
- Be based in the Cincinnati-Middletown, OH-KY-IN MSA, which includes the following counties: Brown, Butler, Clermont, Hamilton and Warren Counties in Ohio; Boone, Bracken, Campbell, Gallatin, Grant, Kenton, and Pendleton Counties in Kentucky; and Dearborn, Ohio and Union Counties in Indiana
- Have at least one FTE of paid or contracted staff
- Have received funding from ArtsWave in the past 3 years
- Have an annual operating budget of less than $2M
- Does not have an outstanding Working Capital Bridge loan or other overdue grant requirements
- Loan requests to ArtsWave for more than 3 consecutive years are unlikely to be considered without proper justification from the organization’s leadership.
Terms of Loan
Working Capital Bridge Loans will be interest-free and will not exceed $10,000. Loans shall be repaid in full within 12 months. Organizations delinquent in paying the full loan back within 12 months will not be eligible to apply for support for support from ArtsWave for one year after the loan is repaid.
Application
All application materials must be submitted via Submittable, ArtsWave’s online grantmaking system. While completing your application, remember these tips:
- Be brief, clear and direct, focusing on what is most important.
- We recommend that you prepare your responses offline in a word processing program and then copy and paste them into the appropriate sections of the online application.
- Limit the use of bullets and other formatting in text fields.
- Add Impact@ArtsWave.org to your safe senders list to ensure that you receive all communications from the online grantmaking system.
- Use one of the following compatible browsers: Chrome® v.22+, Firefox® version v.27+, Internet Explorer® v.8-10 (if enabled), Internet Explorer v.11, Safari® v.7+, or Edge®.
The application consists of the following sections:
A. Organization Information
- Tax ID
- Organization Contact Information
- Organizational Leadership
- Contact for Loan
B. Loan Request
- Reason loan is needed (up to 300 words)
- Loan amount requested
- Date when funds are needed
- How loan funds will be used (up to 125 words)
- Source of funds to be used for repayment of loan (up to 125 words)
C. Financial Information
- Contact information for individual responsible for financial reporting and management
- Availability of financial statements
D. Attachments
- ArtsWave Working Capital Bridge Loan Financial Report Form (attachment, can be accessed via the Apply for Funding page) - Provide a one or two page financial report for revenues, expenses and operating bottom line which includes actuals for your most recently completed fiscal year, year-end projections for your current fiscal year, and a budget for the upcoming fiscal year. The percentage change columns between each of the years should also be included along with explanations for variances of 10% or more for total revenue, total expenses and total operating bottom line.
- Working Capital Bridge Loan Signature Page (attachment, can be accessed via the Apply for Funding page) - an authorizing official will certify that s/he is authorized to submit the application on behalf of the organization and that the information submitted in the application is true and correct to the best of his/her knowledge.
Repayment Schedule
No payments will be due the first six months of the loan. Six monthly payments of 1/6 of the total loan amount will be due on the 1st day of the month beginning the seventh month of the loan.
Key Dates
- Application Deadline: Rolling
- Application Review: As quickly as possible
- Funding Decision: Within 2 weeks of submission
- Repayment Due: Within 12 months