The Exchange (formerly the Woman’s Exchange) has announced that is now accepting applications for its 2019-2020 grants and scholarship program. Last year, the organization awarded $250,000 to 19 regionally based arts and cultural organizations and 22 students. To be considered, all applications must be received by no later than 4 p.m. on January 31, 2019. For guidelines and application information, visit The Exchange’s website at www.sarasotawex.com.

“We’re honored to play an integral role in our region’s rich arts and cultural tapestry,” says Karen Koblenz, The Exchange’s executive director and CEO. “Since 1962, The Exchange has awarded $8 million to local non-profits and high school and college students pursuing a higher education in the arts. Every penny of this is generated through our consignment operation. We’re thankful to our many volunteers, consignors and shoppers for their ongoing support and patronage. These funds can be game-changing for our grantees, who often credit The Exchange for supporting pivotal moments in their success.” 

Koblenz points out that the organizational grants are for specific projects and outreach programs, including performances, exhibitions, education initiatives and special series. She explains that The Exchange’s board bases its granting decisions on the long-term stability and financial health of the organizations, the program’s overall appeal to the public and the educational impact these programs will have on area students. Individual scholarships are awarded based on grade point average, the individual’s artistic goals and achievements, and letters of recommendation.

“We’re especially interested in programs that explore diversity, nurture educational opportunities, and promote a vibrant and civically engaged community,” says Koblenz. “The cultural arts industry plays a pivotal role in our region’s economic health and serves as a magnet for tourism. We’re proud to invest in our home-grown creative talents.” 

The Exchange