Helmed by the philanthropist Robert Rosenkranz and the founding director of Mass Moca, Joe Thompson, Canyon will open on the Lower East Side in 2026

The Indigenous social-justice art initiative has transferred ownership as part of an organisational restructuring

The Cultural Development Fund distributed grants to 76% of eligible applicants throughout the city's five boroughs

The Center for Art, Research and Alliances, or CARA, will launch in June with a series of public events at its West Village headquarters

Latest allocations include $32.8m from the National Endowment for the Humanities and $47.1m from New York’s Department of Cultural Affairs

In a novel strategy, at least three of the foundations will borrow money to finance giving