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New $ 5 million foundation to benefit Richmond Ballet, Richmond Symphony, SPARC, Virginia Opera & Virginia Repertory Theater | entertainment



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From employee reports

A new $ 5 million foundation has been created to support five major performing arts groups in Richmond, including the Richmond Ballet, Richmond Symphony, SPARC, Virginia Opera and Virginia Repertory Theater.

Local philanthropists from the Reinhart Foundation, a charity founded by the Reinhart family, have partnered with the Community Foundation for a Greater Richmond to create the Reinhart Foundation Endowment for the Performing Arts

“Richmond is fortunate to have an exceptional pool of incredibly talented singers, dancers, actors, instrumentalists, educators and skilled technical support teams, coupled with a number of well-equipped venues and facilities,” said William Reinhart, President of the Reinhart Foundation said in a statement. “The Reinhart Foundation is honored to have this opportunity to help Richmond continue to lead in cultural diversity for its residents.”

The fund will award annual scholarships to the Richmond Ballet, Richmond Symphony, SPARC, Virginia Opera, and the Virginia Repertory Theater.

This fund is administered by the Community Foundation for a Greater Richmond Area. The $ 5 million foundation revenue is shared equally each year with the Richmond Ballet, Richmond Symphony, SPARC, Virginia Opera and Virginia Repertory Theater.