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2016 Wedgwood Circle Annual FINAL

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how we invest<br />

6<br />

PATRON FUND<br />

PITCHES<br />

A percentage of <strong>Wedgwood</strong> <strong>Circle</strong><br />

member fees fund a patron pool<br />

that supports artists through<br />

microgrants. Since it’s inception in<br />

2008, the fund has granted over<br />

$700,000 in grants of $500-<br />

$5,000 to artists and projects<br />

that personify the good, true, and<br />

beautiful in mainstream markets.<br />

PROGRAM RELATED<br />

INVESTMENTS<br />

<strong>Wedgwood</strong> <strong>Circle</strong> investors<br />

move capital to individual<br />

artists, specific projects, and/or<br />

companies. Our community made<br />

up of sector liaisons and other<br />

creative industry leads help curate<br />

for-profit strategic initiatives<br />

for investments that exemplify<br />

significant potential for cultural<br />

influence.<br />

PROJECTS<br />

Managed through the <strong>Wedgwood</strong><br />

Culture Fund, Program Related<br />

Investments (PRI) are deployments<br />

of non-profit capital into<br />

for-profit opportunities that<br />

promote the mission of the nonprofit.<br />

Currently our investments<br />

are in the areas of music, graphic<br />

novels, television, and short film.<br />

Returns from investments will<br />

replenish the fund to be reinvested<br />

in more culture-creation. Since<br />

2009, we’ve moved over<br />

$400,000 through PRI funding.<br />

<strong>Wedgwood</strong> <strong>Circle</strong> encourages<br />

our members to explore areas<br />

that they are passionate about,<br />

and we make ourselves available<br />

to support them by strategizing,<br />

facilitating and potentially<br />

managing new and existing<br />

projects that fit their interests. In<br />

addition, the <strong>Wedgwood</strong> Culture<br />

Fund supports the work of<br />

foundations for their projects in<br />

the areas of culture engagement.<br />

<strong>2016</strong> WEDGWOOD ANNUAL

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