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Endowment Board awards 13 at May 18 meeting The California Cultural and Historical Endowment Board met May 18, 2005 at the Ronald Reagan State Building in Los Angeles to approve funding for 13 of the 33 projects for which the Board had reserved funding in December 2004. This is one of the major phases in the Endowment’s first cycle distribution of Proposition 40 bond funds. The Endowment is housed at the California State Library. At the conclusion of the May 18 Los Angeles meeting, the Board approved funding for the following projects: Endowment Finalist / Awarded Funds:
TOTAL : $11,676,726The 13 applicants to whom the Endowment Board awarded funds were selected from 276 total Endowment grant applicants. The finalists most clearly demonstrated the Endowment’s purposes and goals. AB 716, the California Cultural and Historic Endowment Act, called for the creation of the California Cultural and Historical Endowment to support the “acquisition, development, preservation, and interpretation of buildings, structures, sites, places, and artifacts that preserve and demonstrate culturally significant aspects of California’s history and for grants for these purposes.” To carry out the Act’s mandate, the Endowment will, over the cycles established by its Board, distribute $122 million of $276 million in Proposition 40 funds.
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