January 23, 2018 Cornerstone Bridge Funding Program On July 31, 2017 City Council approved a one-time allocation of $2M to Calgary Arts Development for immediate investment in the 10 Cornerstone Companies. In addition to providing $2M in funds, City Council has directed Calgary Arts Development to work with the Cornerstone Companies to develop a sustainability framework, which will be reported back to City Council through the Priorities and Finance Committee no later than Q2 2018. Organization Cornerstone Bridge Funding Program Alberta Ballet $263,646.92 Alberta Theatre Projects $72,979.92 Calgary Opera $158,663 Calgary Philharmonic Orchestra $318,266 Folk Festival $110,510.32 Glenbow $367,793 National Music Centre $324,206 One Yellow Rabbit $89,920.92 Theatre Calgary $198,611 Theatre Junction $95,402.92 Accountability Reports and Year-End Financials
