Featured in Crain’s Detroit Business’ Annual Giving Guide

November 6, 2013 Media, Work

The Arab American National Museum was featured in the 2013 Giving Guide, published by Crain’s Detroit Business. Here I discuss our goal of building the endowment to $10 million by 2017. Exit strategy: More nonprofits, donors turn to endowments for lasting impact

“Through the recession, we learned arts and culture was not the No. 1 priority for certain foundations and corporations,” said Devon Akmon, director of the Arab American National Museum. Endowment “is a way of building a more sustainable future. … It’s a bank of money we know will be there … unrestricted funds which provide a certain level of freedom and, in many ways, it’s guaranteed.”

An image from Crain's Detroit Business

Building The Endowment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.