Florida Division of Arts and Culture - Cultural Endowment Program

The Cultural Endowment Program provides a $240,000 State Matching Share (SMS) to designated Cultural Sponsoring Organizations (CSOs) to create a permanent endowment fund. The organization must raise a $360,000 local match, resulting in a minimum $600,000 endowment. The interest income from this endowment is then used to provide operating and programming resources to the cultural organization.