FUND FOR THE ARTS ANNOUNCES IT WILL EXCEED 2006 CAMPAIGN GOAL OF $7,654,321

New Board Members and Officers Are Also Elected at 2006 Annual Meeting; Campaign Celebration Set for Tuesday, July 18, Noon, at Actors Theatre

Louisville, KY —At its Annual Meeting today, the Fund for the Arts announced that preliminary indications show the organization exceeding its 2006 fund raising goal of $7,654,321. A final campaign total will be the publicly announced at the Fund for the Arts campaign celebration on Tuesday, July 18, noon, at Actors Theatre. The Fund for the Arts FY06 fund raising campaign and fiscal year both close on June 30, 2006.

“Because of an overwhelming response from more of our friends, families, neighbors and colleagues to this year's Fund for the Arts campaign, we are confident that we will surpass our 2006 fund raising goal,” said Herbert “Bud” J. Schardein, Chair of the Fund for the Arts 2006 Campaign. “Following the natural disasters in other parts of the world, we are pleased that our citizens have remained vigilant in protecting the things that are important to a healthy community and bring smiles to the faces of thousands of children and families throughout the region.

New members and officers elected to the Fund for the Arts Executive Committee include: P. Richard Anderson, Board Chair, Greenebaum Doll & McDonald PLLC; Ronald J. Murphy, 2007 Campaign Chair and Member-at-Large, The Glenview Trust Company; Phil McHugh, 2008 Campaign Chair and Member-at-Large, Fifth Third Bank; Robert Shircliff, 2009 Campaign Chair and Member-at-Large, Jewish Hospital; Jonathan Goldberg, Secretary and Member-at-Large, Goldberg & Simpson, PSC; John H. Hawkins, Jr., Treasurer and Chair, Finance Committee and Member-at Large, Deloitte; Carl M. Thomas, Chair, Compensation Committee, Member-at-Large, Gheens Foundation, Inc.;  Edward E. Manassah, Co-Chair, Allocations Committee and Member-at-Large; David Klein, Co-Chair, Allocations Committee and Member-at-Large; Craig D. Grant, Co-Chair, Allocations Committee and Member-at-Large, PNC Bank; Benjamin K. Richmond, Chair, Community Development/Grants Committee, Urban League of Louisville; Morton Boyd, Chair, Endowment, Gheens Foundation, Inc; Sherry Jelsma, Representative, Louisville Metro Government; Tom Noland, Representative, Partnership for Creative Economies, Humana, Inc.; and Leah Eggers, Representative, NeXt, Humana Inc. A complete list of the Fund for the Arts Board of Directors, including Executive Committee members and Officers, is below.

At the Annual meeting, the Fund for the Arts also approved a slate of new members who will join its Board of Directors. These include: James Allen, J.J.B. Hilliard W. L. Lyons; Robert J. Arnold, Irwin Union Bank; Rob Bader, Trover Solutions; Kevin S. Boyle, American Commercial Lines; Wes Beckner, BB&T; Sam Corbett, Sam Meyers Formal Wear; Arch Gleason, Kentucky Lottery; James Goldberg, Stoll Keenon Ogden; James Clay Smith, Central Bank; and Frank Hower, Jr., National City.

Additional highlights of the Fund for the Arts Annual Meeting included:

• FY07 Total Member Group Allocations to Increase

As a direct result of a successful fund raising campaign, the Fund for the Arts will provide an increased total amount of funds to its 15 member groups. A proposed total of $4,250,000 will be confirmed in allocations to Fund for the Arts member groups following the close of FY06 on June 30, 2006 and the reporting of final campaign figures.

• $100,000 Allocated to Support New “Every Child Initiative” for Jefferson County Public Schools

The Fund for the Arts is allocating $100,000 to its School and Community Grants program to support its new “Every Child Initiative.” Funds will be available to teachers and schools in the Jefferson County Public School district to bring a Fund for the Arts member group into classrooms or to make an Arts experience accessible outside of the classroom. The goal is to make an Arts opportunity from a Fund for the Arts member group available to every child in the public school system at least once per year in grades K-12. Further details including how and when to apply for these grants will be announced in coming months.

• Employee/Workplace Giving Projected to Increase by 8% in FY06; 17 New Employee Campaigns Secured

Five major employee/workplace campaigns helped drive significant fund raising increases in employee/workplace giving. Metro Louisville, Jefferson County Public Schools , Yum! Brands, Chase and Brown-Forman Corp. together raised $184,000 more than they did in FY05 to contribute to a project increase of 8% or more than $3 million in employee/workplace giving to the Arts for FY06. The number of new employee/workplace campaigns also increased from 15 secured in FY05 to 17 secured in FY06 for a total of $29,467 from 264 donors.

• Corporate Giving Projected to Increase by 3% in FY06

An increase of 3% in the total amount of corporate dollars raised is projected at the close of FY06.

Campaign Celebration Scheduled for Tuesday, July 18, Noon, at Actors Theatre

The Fund for the Arts has scheduled its Campaign Celebration event for Tuesday, July 18, noon, at Actors Theatre. The celebration recognizes and acknowledges outstanding volunteers, employee/workplace campaigns with incredible increases, and the top employee/workplace campaigns. Entertainment for the celebration will include a live American Idol-style showcase that will highlight some of the best performances from employee/workplace Idol competitions. The hour-long event is free and open to the public, however, reservations should be made by calling the Fund for the Arts at (502) 582-0100.

Fund for the Arts

The Fund for the Arts provides programming and administrative support to twenty-four member groups and programs, including grants to nearly 200 community organizations and schools, throughout the Louisville , Kentucky region. The Fund for the Arts is the oldest united arts fund in the country and has raised over $100 million in the community since its establishment in 1949.

FUND FOR THE ARTS

2007 EXECUTIVE COMMITTEE MEMBERS & OFFICERS

Board Chair                            

P. Richard Anderson

2007 Campaign Chair           

Ronald J. Murphy

2008 Campaign Chair           

Phil McHugh

2009 Campaign Chair           

Robert Shircliff

Secretary                               

Jonathan Goldberg

Treasurer, Chair Finance Committee       

John H. Hawkins, Jr.

Nominating Committee Chair                    

Vacant

Chair, Compensation Committee              

Carl M. Thomas

Co-Chair, Allocations Committee(s)       

Edward E. Manassah

David Klein

Craig Grant

Chair, Community Development / Grants Committee  

Benjamin K. Richmond

Chair, Endowment                   

Morton Boyd

Members-at-Large                   

Jonathan D. Blum

David H. Brooks

Owsley Brown II

David P. Calzi

Thelma B. Ferguson

C. Edward Glasscock

Marlene M. Grissom   

Rick K. Guillaume

Philip R. McHugh

Norma Oberst

Robert W. Rounsavall III

Eddy C. Roberts

Herbert “Bud” J. Schardein

Rep., Louisville Metro Government       

Sherry Jelsma

Rep., Partnership for Creative Economies       

Tom Noland

Rep., NeXt Program            

 Leah Eggers                 

Underline denotes additions or changes for 2007

FUND FOR THE ARTS

2007 BOARD MEMBERS

Robert J. Adelberg

James Allen

Robert J. Arnold

Rob Bader

J. Stephen Barger

Kevin S. Boyle

Pedro Bryant

Wes Buckner

Van G. Carlisle

Charles F. Clephas

Sam Corbett

Michael B. Crutcher

Stephen Daeschner

Douglass C. Farnsley

Thelma B. Ferguson

Susan Galandiuk

William R. Gernert

Arch Gleason

James Goldberg

Kevin Hable

Martha Dunbar Hall

Bryant Hanson

Leonard V. Hardin

Carol W. Hebel

Dennis P. Heishman

Audwin Helton

Frank Hower, Jr.

David K. Karem

Bill Lamb

Tom Monahan

Mary Moseley

Lynn Pendergrass

Tonii Rizzo

James Clay Smith

Steven E. Trager

Joanna Travis

Mark Wheeler

Joan Whittenberg