FAQs : Arts Ottawa East-Est

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15. Who is Arts Ottawa East and why are they the preferred partner for the City?

As an arts council, Arts Ottawa East’s role is to promote, support and develop the practice and appreciation of the arts at all levels in Ottawa. Arts Ottawa East believes that building an endowment fund inherently stren...More

14. What is the role of Arts Ottawa East in the endowment fund?

Arts Ottawa East community arts council has been involved in the development of an east end arts facility for more than 15 years. As a major community partner, Arts Ottawa East has taken the lead in the fundraising/aware...More

13. How will the funds be raised?

The fundraising strategy consists of a two-pronged campaign divided into two phases. Phase I will focus on major gifts and naming opportunities, followed by a community campaign in Phase II. For more information on speci...More

12. Why is an endowment fund being created for the East end arts facility?

The Arts Centre P3 project provides the arts community with an opportunity to raise funds and awareness about the Shenkman Arts Centre but more importantly the opportunity to build a stable funding source in perpetuity f...More

11. Will each of the City’s arts centres have an endowment fund?

No, this campaign is specific to the Shenkman Arts Centre.<back>...More

10. Who will manage the fund’s investments?

The City of Ottawa’s Treasurer will be charged with safeguarding the fund, which will be held in a specially designated reserve fund. The investments will follow the City’s investment policies and disbursements made in a...More

9. Who will determine how the funds are allocated?

This will be determined through the City of Ottawa’s Cultural Services and the terms of reference established for the endowment fund.<back>...More

8. How does one apply to the endowment fund?

Application guidelines will be developed in collaboration with the City of Ottawa’s Cultural Services Division. <back>...More

7. Who are the 5 partners in the Shenkman Arts Centre and how were they chosen?

At the time of amalgamation in 2003, a feasibility study was conducted to assess the needs of the community. The study determined that the Orléans Young Players, the Gloucester Pottery School and the Visual Arts Centre, ...More

6. Who will benefit from the proceeds of the endowment fund?

The biggest benefactor of the endowment fund will be the community at large as a result of increased programming, a higher quality of programming and the proliferation of an arts economy. More specifically, the fund is b...More

5. What are the goals of the endowment fund?

The initial fundraising goal for the 2007-2009 campaign period is to raise $2.5 million in addition to the $2.5 million already donated by the Province of Ontario. The fundraising strategy consists of a two-phased campai...More

4. Why is Arts Ottawa East leading the campaign and not the City?

Arts Ottawa East has been a champion for the East end arts community for over 20 years. The leadership shown by the organization from concept to completion of the Arts Centre project makes it the ideal organization to le...More

3. Why do we need to create an endowment fund for a municipal arts centre?

The Centre des arts Shenkman Arts Centre provides the City with a unique opportunity to take a long-term approach toward creating a sustainable future for arts and culture. Creating an endowment fund will provide the art...More

2. Are my contributions to an endowment fund tax deductible?

Yes, Arts Ottawa East is a registered charitable organization and will issue tax receipts for all donations in excess of 20$.<back>...More

1. What is an endowment fund?

An endowment fund is a permanent savings vehicle for not-for-profit institutions or charities. The growth of the portfolio is not subject to tax, and donors receive tax deductions for gifts made to the fund. An endowment...More