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Promoting Public and Private Reinvestment in Cultural Exchange ...

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II. Foundations Should Develop Partnerships with the Corporate Sector toLeverage Corporate Giv<strong>in</strong>gA. Large foundations should encourage bus<strong>in</strong>ess <strong>and</strong> trade organizations to sponsormeet<strong>in</strong>gs or conferences to enable their corporate constituents to learn how culturalengagement can advance <strong>in</strong>ternational trade. The largest of these organizations <strong>in</strong>cludethe Conference Board, the Committee to Encourage Corporate Philanthropy, the AspenInstitute Program on Bus<strong>in</strong>ess <strong>and</strong> Society, the Bus<strong>in</strong>ess Council on InternationalUnderst<strong>and</strong><strong>in</strong>g, Bus<strong>in</strong>ess for Diplomatic Action <strong>and</strong> the U.S. Chamber of Commerce. Mosttrade organizations have divisions or committees that address philanthropic issues. Asmany companies have corporate philanthropy programs, presentation of arguments tosupport <strong>in</strong>ternational arts engagement to promote <strong>in</strong>ternational corporate objectives wouldlikely reach a receptive audience.B. Smaller foundations active <strong>in</strong> this field should support or work with <strong>in</strong>termediariessuch as Americans for the Arts to help connect them with bus<strong>in</strong>ess organizations suchas those listed above with the objective of promot<strong>in</strong>g partnerships <strong>in</strong> support of<strong>in</strong>ternational cultural engagement. Americans for the Arts, the largest arts advocacyorganization <strong>in</strong> the country, has developed strong relationships with these <strong>and</strong> othercorporate trade associations. Support for advocacy <strong>and</strong> organiz<strong>in</strong>g around the issues of<strong>in</strong>ternational cultural exchange could result <strong>in</strong> the creation of an <strong>in</strong>tegrated network oforganizations to promote re<strong>in</strong>vestment <strong>in</strong> cultural exchange-based diplomacy.C. Interested foundations should support research on corporate advertis<strong>in</strong>g to identifycompanies <strong>in</strong>terested <strong>in</strong> <strong>in</strong>ternational engagement. For example, the Hyatt Hotel cha<strong>in</strong>is currently runn<strong>in</strong>g an ad that reads, ―It‘s much easier to see eye to eye when you see faceto face.‖ Perhaps this corporation <strong>and</strong> others that run ads reflective of their <strong>in</strong>ternationalbus<strong>in</strong>ess acumen would be <strong>in</strong>terested <strong>in</strong> provid<strong>in</strong>g support for <strong>in</strong>ternational culturalprogramm<strong>in</strong>g.III. Partnerships Among Foundations Should be ExploredA. Grantmakers <strong>in</strong> the Arts should spearhead the development of “FoundationConsortia” that would serve to aggregate support for work <strong>in</strong> this field.1. By aggregat<strong>in</strong>g support, foundation participants could get a bigger bang for thebuck <strong>and</strong> could target their fund<strong>in</strong>g:a. by geographic location of exchange;b. by discipl<strong>in</strong>e;c. by type of exchange; <strong>and</strong>d. by any comb<strong>in</strong>ation of the above.2. Foundation participants <strong>in</strong> consortia could be aggregated nationally or by city oforig<strong>in</strong> through local Grantmakers <strong>in</strong> the Arts affiliates.44

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