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The Kresge Foundation’s Arts and Culture Program is inviting preliminary applications for its Facility Investments and Building Reserves grants. The opportunity is part of the program’s Institutional Capitalization focus area, which is designed to strengthen the long-term financial health of arts and cultural organizations. Deadline for submissions is Wednesday, September 15, 2010, at midnight Eastern Time.

Institutional Capitalization is one facet of the Arts and Culture Program’s new national grantmaking strategy to foster the long-term financial stability of arts and cultural organizations, support artists’ services, and help integrate arts and culture activities into effective community building.

The foundation calls for preliminary applications for Facility Investments and Building Reserves grants twice a year, in the spring and the fall. The fall application period begins on Friday, July 30, 2010, and ends on Wednesday, September 15, 2010, at midnight Eastern Time. All preliminary applications must be submitted online.

Read about the Arts and Culture Program and the eligibility and preliminary application requirements for Institutional Capitalization’s Facility Investments and Building Reserves grants.

If you have questions, e-mail our Grants Inquiry Coordinator or call 248-643-9630.