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Cranbrook Academy of Art gets $30 million from Dan, Jennifer Gilbert
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Dan, Jennifer Gilbert give $30M to Detroit-area art academy
April 6, 2021
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BLOOMFIELD HILLS, Mich. (AP) Billionaire businessman Dan Gilbert and his wife, Jennifer, have given $30 million to a private graduate art school in suburban Detroit to help it accelerate its diversity, equity and inclusion efforts.
The funding also will help with long-term fiscal sustainability, the Cranbrook Academy of Art in Bloomfield Hills announced Tuesday.
Twenty full-tuition fellowships for students from underrepresented racial and ethnic groups will be funded through the newly established Gilbert Fellows program. A permanent endowment to fund the fellowships also will be established.
Tuition relief and general support for the academy’s existing scholarships and visiting faculty artists over the next five years, with a focus on artists of color, will receive funding.
Cranbrook | Benzinga
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“Our ultimate goal is to drive lasting financial stability while creating a more diverse and equitable community,” Jennifer Gilbert said of the $30 million gift to Cranbrook Academy of Art.
Jennifer and Dan Gilbert have donated $30 million to the Cranbrook Academy of Art to help make the private graduate school more accessible to underrepresented racial and ethnic groups.
The gift, made directly by the founder and chairman of Detroit-based Rocket Companies Inc. and his entrepreneur wife, is the largest in the history of the academy and believed to be the largest to a graduate art program in the country.
It will fund 20 full-tuition fellowships for underrepresented students and establish a permanent endowment to fund the fellowships in perpetuity, according to a news release Tuesday. It also will fund visiting faculty artists over the next five years, focusing on artists of color, as well as engagement projects by diverse artists including women and members of the LGBTQI
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