Tampa Bay Performing Arts Center Foundation Inc

SEE SCHEDULE O.

IN FISCAL YEAR 2020/2021 THE TBPAC FOUNDATION, INC. CARRIED OUT ITS MISSION IN SUPPORTING THE TAMPA BAY PERFORMING ARTS CENTER, INC. (THE "CENTER") THROUGH DISBURSEMENT OF (A) APPROVED SPENDING POLICY DISTRIBUTION GRANTS AND (B) GRANTS OF GIFTS RECEIVED FROM OTHER FOUNDATIONS TO SUPPORT CENTER EDUCATION AND OPERA PROGRAMS, ARTISTIC INITIATIVES, FACILITY IMPROVEMENTS AND GENERAL OPERATIONS.SPENDING POLICY DISTRIBUTIONS ARE BASED ON THE RELATED ESTABLISHED BOARD POLICY TO PROVIDE A CONSISTENT PROCESS TO MOVE FUNDS FROM THE ENDOWMENT TO OPERATING FUNDS ON AN ANNUAL OR APPROVED BASIS. GIFTS RECEIVED BY THE FOUNDATION AND TRANSFERRED TO THE CENTER FROM OTHER FOUNDATIONS ARE APPROVED BY THE FOUNDATION BOARD OR PER DONOR REQUEST.

IN FISCAL YEAR 2020/2021 THE TBPAC FOUNDATION, INC. ALSO CARRIED OUT ITS MISSION IN SUPPORTING THE CENTER THROUGH A SPENDING POLICY DISTRIBUTION FROM ITS ENDOWMENT ASSETS AT THE TAMPA BAY COMMUNITY FOUNDATION.

THE TBPAC FOUNDATION, INC. LAUNCHED ITS "BOUNDLESS CAPITAL CAMPAIGN" TOWARDS THE END OF ITS FISCAL YEAR 2018/2019 IN CONTINUING ITS MISSION TO SUPPORT THE CENTER AS IT CONTINUES TO GROW IN THE TAMPA BAY REGION. THIS CAMPAIGN IS FOR A MASTER PLAN CONSTRUCTION PROJECT AND TO RAISE FURTHER ENDOWMENT SUPPORT. THE MASTER PLAN COMMENCED ITS DESIGN PHASE IN 19/20, WHICH CONTINUED IN FISCAL YEAR 20/21 WITH EXPENDITURES OF $573,096 BEING INCURRED. WITH THE FOUNDATION COLLECTING THE CAMPAIGN PLEDGES AND THE CENTER MAKING THE EXPENDITURES FOR THE MASTER PLAN, THE FOUNDATION MADE THE REQUIRED REIMBURSEMENT DISTRIBUTION TO THE CENTER FOR THESE EXPENDITURES. THE CAPITAL CAMPAIGN IS UNDERWAY AND THE MASTERPLAN IS ANTICIPATED TO CONTINUE THROUGH FISCAL YEAR 24/25 AS OF THIS WRITING.WITH THE FOUNDATION SERVING AS THE ENDOWMENT FUND AND SUPPORT FOR THE CENTER, THE FOUNDATION PROVIDED THE CENTER FINANCIAL STABILITY IN FISCAL YEAR 2020/2021 AND HELPED MAINTAIN THE CENTER'S HIGH STANDARDS OF EXCELLENCE AND CREATIVITY AS WELL AS PROVIDING PATRONS THE ABILITY TO CONTINUE TO ENJOY THE CENTER'S PROGRAMS.TBPAC FOUNDATION, INC. ENDOWMENT BY THE NUMBERS:$63.8 MILLION IN GIFTS AND PLEDGES HAS BEEN COMMITTED TO THE STRAZ CENTER ENDOWMENT FROM BOTH THE PRIVATE AND PUBLIC SECTORS THROUGH OUTRIGHT GIFTS AND PLANNED GIFTS.IN 2020/2021, A TOTAL OF $1.9 MILLION OF ENDOWMENT EARNINGS WERE DISTRIBUTED TO THE STRAZ CENTER'S OPERATING BUDGET TO SUPPORT ARTISTIC EXCELLENCE, ARTS EDUCATION AND OUR STATE-OF-THE-ART FACILITIES.IMPACT OF THE ENDOWMENT:INCOME FROM OUR ENDOWMENT ALLOWS THE STRAZ CENTER TO PROVIDE THE HIGHEST LEVEL OF ARTISTIC PROGRAMMING WHILE ALSO ENSURING THAT YOUNG TALENT FLOURISHES IN OUR COMMUNITY. IT ALSO SUPPORTS VITAL CAPITAL PROJECTS THAT HELP THE STRAZ CENTER REMAIN AN INDUSTRY STANDARD. ENDOWMENT FUNDS PROVIDE SUPPORT THROUGH ENDOWMENT EARNINGS IN THE AREAS OF ARTISTIC EXCELLENCE, CAMPUS IMPROVEMENTS, ARTS EDUCATION, OPERA TAMPA, OUTREACH AND COMMUNITY EDUCATION, ARTS EDUCATION SCHOLARSHIPS, TICKET SUBSIDIES, AND MORE. THE PAST TWO YEARS OF THE COVID-19 PANDEMIC HAVE TESTED US LIKE NONE OTHER. THANKS TO YOUR SUPPORT, THE SUPPORT OF OUR ENDOWMENT, AND OUR STAFF, WE WERE ABLE TO MAINTAIN OUR MISSION, REOPEN DEBT FREE AT FULL STRENGTH AND PLAY A VITAL ROLE IN OUR COMMUNITY'S RECOVERY. ARTISTIC EXCELLENCE - BROADWAY AND GRAND OPERA RETURNBROADWAY IS BACK AT THE STRAZ. IN THE FALL OF 2021, BROADWAY RETURNED TO MORSANI HALL. THE SEASON FEATURED CLASSICS LIKE TOOTSIE, MY FAIR LADY, AND CATS IN ADDITION TO NEW FAVORITES LIKE THE PROM AND THE BAND'S VISIT.FURTHERMORE, THE 2022 SEASON IS SHAPING UP TO BE THE BEST YET WITH A FULL SLATE OF SHOWS AND ENCORE PRESENTATIONS OF THE SMASH HITS WICKED AND HAMILTON. IN-PLACE SAFETY PROTOCOLS AND LESSONS LEARNED FROM VIRTUALSHOW PREP WORK PROVED TO BE A CREATIVE SPRINGBOARD BACK TO LIVE THEATER AND ALLOWED THE STRAZ CENTER TO INSPIRE, EDUCATE, ENRICH, AND ULTIMATELY PLAY A ROLE IN OUR COMMUNITY'S RECOVERY. IN ADDITION TO BROADWAY, GRAND OPERA IS BACK AT THE STRAZ! IN OCTOBER, THE OPERA TAMPA SINGERS PERFORMED THE WITCHING HOUR, A HALLOWEEN TRADITION ON OUR RIVERWALK STAGE. FANS WERE WELCOMED BACK TO FERGUSON HALL WITH THE PERFORMANCE OF THE TALES OF HOFFMAN. THE SPRING ALSO FEATURED IN-THEATER PERFORMANCES OF THE WILDLY POPULAR THE PIRATES OF PENZANCE AND GIANNI SCHICCHI AND CAVALLERIA RUSTICANA.ARTS EDUCATION - ARTS EDUCATION ISN'T ABOUT TURNING STUDENTS INTO PROFESSIONAL ARTISTS; IT IS ABOUT RAISING CULTURAL LITERACY AND EMPOWERING YOUNG PEOPLE WITH CREATIVITY AND LEADERSHIP SKILLS. OUR ARTS EDUCATION PROGRAMS ENGAGE MORE THAN 50,000 PEOPLE EACH YEAR. THE PATEL CONSERVATORY IS FULLY ACCREDITED AND WELCOMES STUDENTS OF ALL AGES TO PURSUE YEAR-ROUND TRAINING IN DANCE, MUSIC, AND THEATER. IN ADDITION, WE HAVE CONTINUED OUR MISSION OF BRINGING ARTS EDUCATION TO SPECIAL NEEDS STUDENTS THROUGH SENSORY-FRIENDLY STUDENT PRODUCTIONS, ADAPTIVE DANCE CLASSES, AND ARTS LEARNING EXPERIENCES DESIGNED TO HELP THESE CHILDREN DISCOVER THEIR VOICES.DURING FISCAL YEAR 2020/2021, MORE THAN 1,300 STUDENTS, TRAINED AND DEVELOPED SKILLS IN VIRTUAL, LIVE AND HYBRID CLASSES, WORKSHOPS, MASTER CLASSES, INTENSIVES, AND CAMPS ON-SITE. A TOTAL OF 56 DIFFERENT STUDENT PERFORMANCES ON STRAZ CENTER STAGES PROVIDED OPPORTUNITIES TO DEMONSTRATE NEW SKILLS FOR MORE THAN 5,500 AUDIENCE MEMBERS. OUR NEXT GENERATION BALLET'S UNIQUE, WALK-THROUGH OUTDOOR PERFORMANCE OF NUTCRACKER WONDERLAND WON AN URBAN EXCELLENCE AWARD FROM THE TAMPA DOWNTOWN PARTNERSHIP IN 2020 AND RETURNED TO A FULL PERFORMANCE ON MORSANI STAGE IN 2021. THE STRAZ CENTER ALSO HOSTED THE NATIONAL YOUTH AMERICA GRAND PRIX AND THE REGIONAL BROADWAY STARS OF THE FUTURE COMPETITIONS, WHICH WERE ATTENDED BY STUDENTS FROM ACROSS FLORIDA AND BEYOND.SCHOLARSHIPS - SCHOLARSHIPS ENSURE THAT THE PATEL CONSERVATORY CURRICULUM IN DANCE, MUSIC AND THEATER IS ACCESSIBLE TO ALL. MORE THAN $209,000 IN NEED-BASED AND MERIT SCHOLARSHIPS WERE AWARDED TO HELP 167 STUDENTS OVERCOME ECONOMIC BARRIERS TO TRAINING AND PURSUE THEIR AREA OF INTEREST. SINCE OUR SCHOLARSHIP PROGRAM LAUNCHED IN 2007, MILLIONS OF DOLLARS HAVE BEEN AWARDED TO DESERVING STUDENTS WITH LIMITED RESOURCES MANY THROUGH ENDOWED SCHOLARSHIP FUNDS, ESTABLISHED BY PLANNED ESTATE GIFTS. THE PROGRAM HAS HELPED PRODUCE OVER 30 DISTINGUISHED ALUMNI WHO ARE PURSUING PERFORMING ARTS CAREERS IN THE UNITED STATES AND ACROSS THE WORLD.OUTREACH - IN 2020, THE STRAZ CENTER WAS ABLE TO STILL SERVE PARTNERING SCHOOLS THROUGH OUR COMMUNITY PARTNERSHIP PROGRAM. STUDENTS AT 42 ARTS EDUCATION PARTNER SCHOOLS AND AGENCIES WERE ENGAGED IN ARTS LEARNING THROUGH OUR SCHOOL-YEAR PARTNERSHIPS AND AGENCIES. PARTNERSHIPS INCLUDED SEQUENTIAL INSTRUCTION IN MUSIC, DANCE, AND THEATER, VOCAL ARTS, MUSICAL THEATER, IMPROVISATION, AND STORYTELLING. SERVICES WERE TAILORED TO THE NEEDS OF EACH PARTNER AND PROVIDED AT NO COST TO PARTICIPANTS.IN ADDITION TO VIRTUAL, LIVE AND HYBRID SERVICES, CLASSROOM TEACHERS AND PARENTS WITH E-LEARNING STUDENTS HAD ACCESS TO A CURATED ONLINE LIBRARY OF AGE-APPROPRIATE ARTS ACTIVITIES; HOW-TO VIDEOS; INTERVIEWS; WORKSHEETS; EXERCISES AND PERFORMANCES, ALL DESIGNED TO HELP KEEP KIDS ENGAGED IN VIRTUAL, LIVE AND HYBRID LEARNING.PROMINENT COMMUNITY ENGAGEMENT INITIATIVES HELPED US CONTINUE TO CREATE IMPACT THROUGHOUT THE COMMUNITY INCLUDING OUR ARTS LEGACY REMIX AND STRAZ SALUTES. THESE PROGRAMS EMERGED FROM OUR COMMITMENT TO THE COMMUNITY, AND WE ARE PLEASED TO REPORT THAT ARTS LEGACY REMIX ATTRACTED HUNDREDS OF PEOPLE TO OUR FREE COMMUNITY CULTURAL CELEBRATIONS. STRAZ SALUTES IS AN EXTENDED PROGRAMMING EFFORT TO MAKE VETERANS, ACTIVE MILITARY AND THEIR FAMILIES WELCOME HERE THROUGH PERFORMANCES, PROGRAMS AND ARTIST OPPORTUNITIES - RESULTING IN STRONGER, MORE AUTHENTIC BONDS WITH OUR MILITARY COMMUNITY. THE TRANSFORMATIVE POWER OF THE ARTS AS A HEALING MODALITY IS TAPPED THROUGH COMPREHENSIVE PROGRAMMING FOR HOSPITALIZED AND ISOLATED MILITARY VETERANS TRANSITIONING TO COMMUNITY LIFE, THEIR CAREGIVERS, AND FAMILIES. STRAZ SALUTES ARTMAKING, DISCUSSIONS, PROFESSIONAL AND STUDENT PERFORMANCES, AND PUBLIC EVENTS ALSO HELP CELEBRATE TAMPA BAY'S UNIQUE MILITARY COMMUNITY.HIGHLIGHTS INCLUDE:THE STRAZ PRESENTED THE THIRD ANNUAL JAMES A. HALEY AND BAY PINES VA HOSPITALS' COMBINED VETERANS' CREATIVE ARTS SHOWCASE, ENGAGING DOZENS OF VETERAN ARTISTS WHO PERFORMED FOR MORE THAN 1,300 FAMILY AND FRIENDS.OUR VETERAN/CIVILIAN DANCE ENSEMBLE (ABOVE) REHEARSED AND GAVE MULTIPLE PERFORMANCES OF THEIR NEW WORK, FREEDOM TREE, CHOREOGRAPHED BY JOHN PARKS, FOR MORE THAN 3,000 PEOPLE.YOUR VET CHAT MONTHLY VIRTUAL ART-BASED INTERACTIVE DISCUSSIONS EXPLORED THE INTERSECTION OF ARTS AND WELLNESS WITH MORE THAN 170 PARTICIPANTS.VETARTSPAN.ORG - VETERAN-CENTERED ARTS RESOURCE WEBSITE WELCOMED MORE THAN 10,800 UNIQUE VISITORS FROM 19 STATES.2020/2021 COMMUNITY OUTREACH FEATURE STORY: THE FLEXIBILITY OF THE PERFORMING ARTS:OUR ENDOWMENT ALLOWS US TO BE FLEXIBLE IN THE TYPE OF PROGRAMMING WE CAN OFFER THE COMMUNITY. AT NO TIME WAS THIS MORE NEEDED THAN THE PAST 2 YEARS. IN A SCHOOL YEAR DURING THE PANDEMIC, OUR PARTNER SCHOOLS COULD NOT RECEIVE VISITING ARTISTS. OUR TEACHING ARTISTS FOUND CREATIVE WAYS TO OVERCOME THESE CHALLENGES, WORKING WITH EACH PARTNER TO TAILOR SERVICES FOR THEIR EVOLVING NEEDS, AND ENGAGING MORE THAN 1,000 K-12 CHILDREN IN MEANINGFUL ARTS LEARNING EXPERIENCES.FOR INSTANCE, MIDDLE SCHOOL STUDENTS LIVING AT MACDILL AIR FORCE BASE AND THEIR PEERS AT ACADEMY PREP WORKED ON A WRITING PROJECT TOGETHER TO TELL THEIR OWN STORIES ABOUT PERSEVERING THROUGH TRIALS LEADING TO GROWTH.