Dan, Jennifer Gilbert give $30M to Detroit-area art academy
BLOOMFIELD HILLS, Mich. (AP) – Billionaire businessman Dan Gilbert and his wife Jennifer donated $ 30 million to a private art school in suburban Detroit to accelerate their efforts towards diversity, justice and inclusion.
The funding will also contribute to the long-term sustainability of public finances, the Cranbrook Academy of Art in Bloomfield Hills announced on Tuesday.
Twenty full scholarships for students from underrepresented races and ethnic groups are funded through the newly established Gilbert Fellows program. A permanent foundation to finance the scholarships will also be set up.
Tuition fee reductions and general support for the academy’s existing scholarships and for visiting scholars over the next five years with a focus on color artists will be promoted.
The Cranbrook Art Museum will also receive funding to continue public engagement projects by various artists in both the Detroit area and on the Cranbrook campus, the school said.
“We listened to a broad community of stakeholders and understood that there was still much to be done,” said Jennifer Gilbert, Chair of the Board of Directors of the Cranbrook Academy of Art and the Art Museum. “Our ultimate goal is to achieve lasting financial stability while at the same time creating a more diverse and fairer community. We need a targeted commitment to welcome underrepresented voices in these studios and conversations. “
The Cranbrook Academy of Art focuses on education in the fine arts, architecture, craft and design.
“We believe that by investing in underrepresented change makers, we can put creatives at the forefront of solving our problems in our increasingly complex world,” said Dominic DiMarco, president of the Cranbrook Educational Community.
Dan Gilbert, a native of Detroit, founded Quicken Loans, now known as Rocket Mortgage. He also founded the Rock family of companies and owns the Cleveland Cavaliers of the NBA. Last month, he and his wife announced a $ 500 million fund to improve the Detroit neighborhoods.