Art is Everything

The economic and social impact of creative ventures

What do you think is comprised within the phrase “arts and culture”? Performance, written word, visual, physical space, sure. And so much more. Perhaps that’s why so many communities are exploring the need – and the tools – for investing in arts and culture. It’s precisely why, on March 8th in Philadelphia, ImpactPHL chose to convene a curated group of players across sectors, functions, and disciplines to discuss impact investing in this space. And what an incredibly vibrant conversation it was! Many have sparked this dialogue in various ways: from the genesis of the ImpactPHL conversation (the Moving Minds & Money report it issued last year with the support of The William Penn Foundation & SMU Meadows School of Arts) to Upstart CoLab’s inclusive creative economy strategy, to the U.S. federal government’s 2022 Executive Order on Promoting the Arts, the Humanities, and Museum and Library Services, the impact of the arts on people, place, and planet is top of mind for artists and community builders alike, and thankfully is beginning to hit the radar screens of all kinds of investors and philanthropists as well.

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Karyn Polak works at the intersection of values-aligned impact and financial services, having worked within large law firms and financial institutions and currently as Founder and Chief Activator of Shift the Prism Advisory. Shift the Prism acts to mobilize capital and talent for broader social and economic benefit and break ... Read more
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