You did it!
Thank you to everyone who donated to the Eternity Fund and to The Greater New Orleans Foundation¬†for choosing us for the Freeman Challenges grant to establish a cash reserve fund.¬† You helped us raise $10,000 by¬†Dec. 31 to receive the grant.¬†Thanks for helping us meet our goal!
Named the ‚ÄúEternity Fund‚ÄĚ (from the rainy day quote in¬†A Streetcar Named Desire), the campaign is designed to ensure long-term stability for the 30+-year old festival that¬†celebrates and shares the enormous wealth of literary and cultural traditions that enrich our unique region.¬† Establishing a cash reserve reflects prudent financial planning and preparation for the future.
Because we reached the goal of $10,000, the Freeman Challenges Fund will grant us $5,000. The $15,000 total will go into a separate board-restricted account to provide a necessary safety cushion.