SARATOGA SPRINGS — Yaddo has been included in the Ruth Foundation for the Arts inaugural grantmaking cycle - a new foundation supported by a bequest from the late Ruth DeYoung Kohler II, which expects to award grants totaling more than $17 million annually.
The first class of Ruth Arts grantees — an initial round of funding that precedes the regular giving cycles that the organization will embark upon later this year — included Yaddo, a retreat for artists since 1926 in Saratoga Springs.
“This is such an honor—the fact that one of our Yaddo guests felt strongly enough to put us forward is wonderful in itself, but then to receive such generous and unrestricted funding is an immense gift and appreciated more than ever in these days of recovery for all arts groups,” Yaddo President Elaina Richardson said, in a statement. “The Ruth Foundation’s support will allow us to welcome several hundred guests to Yaddo this year and to provide access grants to assist those artists who might otherwise not be able to accept the gift of time and space. We’re profoundly grateful to Ruth Arts.”
The Milwaukee-based Ruth Foundation of the Arts was established with a $440 million endowment from the late bathroom-fixture heiress Ruth DeYoung Kohler II, according to Artforum. The initial $1.25 million in unrestricted grants targeted 78 U.S. nonprofit arts organizations. Each of the grantees received $10,000, $20,000, or $50,000, and were chosen by a diverse panel of nearly 50 artists from around the country representing a variety of practices and career stages.