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X
YET.
WELL, TONIGHT, WE HAVE
ARTPRIZE.
KENDALL COLLEGE AND MEIJER
ANNOUNCE THEY ARE DONATING A
TOTAL OF $1.1 MILLION OVER
THE NEXT FIVE YEARS.
"24 HO"24 HOUR NEWS 8'S" KEN KOR
JOINS US LIVE OUTSIDE.
Reporter: OUT HERE AT
ARTPRIZE, IT DOESN'T MATTER
WHERE THE MONEY AM COS FROM
AS LONG AS ARTPRIZE
CONTINUES.
MEIJER PROMISED A TOTAL
OF $650,000 OVER THE NEXT
FIVE YEARS TO HELP PAY FOR
THE PUBLIC AWARDS AND KENDALL
WOULD GIVE $100,000 A YEAR
OVER THE NEXT HALF DECADE FOR
THE JURIED AWARDS.
ARTPRIZE CELEBRATES THE
EXTRAORDINARY COURAGE,
CAPACITY, ACCOMPLISHMENTS OF
THOSE WHO CREATE.
BUT ART DOES NOT REQUIRE
COURAGE OF THE ARTIST ALONE.
IT ALSO REQUIRES OUR COURAGE.
AND ARE THE LOOKS OF
ARTPRIZE'S TAX RETURNS, IT
NEEDS THE MACHINE MY.
TAX RECORDS FOR 2009 AND
2010, THE LATEST AVAILABLE
SHOW ARTPRIZE TOOK BIG LOSSES
THE FIRST TWO YEARS.
A TOTAL DEFICIT OF
2.3 MILLION BY THE TEND OF
2010.
RECORDS SEE THIS $4 MILLION
LOAN FROM THE DAVOS
FOUNDATION GOT IT GOING IN
200.
THE SAME RECORDS ALSO SHOW
THE SINGLE BIGGEST EXPENSE
OVER THE TWO
STUDIOS.
THAT IS A WEB DESIGN COMPANY
OWNED BY THE DAVOS FAMILY
INCLUDING RICK DAVOS,
ARTPRIZE'S CO-FOUNDER.
THE BUSINESS IN GRAND
RAPIDS, THOUGH, THE MOST
IMPORTANT NUMBERS ARE SHOWING
UP ON THE CASH RG STERES.
CINCO DE MAYO REST RENT ON
MONROE CENTER.
200%.
AND DOWN THE WAY, ARTPRIZE IS
OUTDOING CHRISTMAS.
ONE FAR FAMILY WE TALKED TO
TODAY HAS VISITED GRAND
RAPIDS FIVE TIMES DURING
ARTPRIZE 2012.
I THINK IT AS IT GREAT THING
THAT GRAND RAPIDS DOES TO
BRING IN BUSINESS FOR PLACES
AROUND HERE AND JUST TO SEE
WHAT EVERYONE HAS TO OF PER.
ARTPRIZE SPOKESMAN SAID HE
HOPES THAT THIS HELPS RATE
ARTPRIZE SUSTAINABILITY.
HE SAYS IT WILL GO A LONG WAY
TO THE IMPACT.