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Onondaga County Trust for Cultural Resources

The Trust for Cultural Resources of Onondaga County (CRT) was statutorily created in 1992, and under the direction of County Executive Joanne M. Mahoney, was constituted in the fall of 2009. The Trust is administered by the County's Office of Economic Development. This public benefit corporation is an authorized issuer of bonds for non-profit cultural organizations, e.g., educational institutions, museums, theaters, that are more than 5 years old. The CRT offers a local, convenient and more economical financing opportunity for Onondaga County's non-profit establishments. In addition, the administrative fees paid to the CRT are used to assist with the cultural and economic development priorities of Onondaga County.

Mission

The Trust for Cultural Resources of Onondaga County supports, promotes and protects the institutions that provide cultural, educational and recreational opportunities to the people of Onondaga County and New York State. The Trust works to improve the viability and support the growth of these organizations. The Trust offers local, convenient and economical financing opportunities for Onondaga County's non-profit cultural establishments in line with the cultural and economic development priorities of the area.

Financing

The CRT assists non-profit cultural institutions and organizations by issuing triple tax-exempt bonds.

Grants

The CRT offers grant assistance to major cultural organizations in three project categories: capital projects, highly significant projects, and projects that satisfy a critical need.

Due to the varied and substantial grant commitments made by the Trust for Cultural Resources to local arts and cultural organizations for 2010 and 2011 as well as the CRT's continuing support of the IDEAS Collaborative's work to enhance the long-term viability of these organizations, the CRT regrets it will not be accepting applications at this time.

For more information on how CRT can assist your organization, please contact us.