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BCA 10 Spotlight: Fifth Third Bank (Cincinnati, OH)

Posted by Danielle Iwata
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BCA 10 Spotlight: Fifth Third Bank (Cincinnati, OH)

Americans for the Arts is excited to honor Fifth Third Bank at the BCA 10 Gala on October 2, 2018 in New York City. Click here to learn more about the BCA 10.

 

“Fifth Third Bank is committed to building thriving and vibrant communities, and in many ways, so are the arts. The arts play a central role in creating economic prosperity as well as a rich social and cultural life. They create common bonds that connect cultures and neighborhoods, touching and engaging every single one of us.”

– Greg Carmichael Chairman, President and CEO, Fifth Third Bancorp

 

Fifth Third Bank has a history of firsts. In 1948, it created the Fifth Third Foundation, the first corporate foundation established by a financial institution in the United States. Since then, the Bank has contributed funding, sponsorship, and leadership to the arts. In 2017, Cincinnati Fifth Third Bank President Tim Elsbrock chaired the ArtsWave campaign for the greater Cincinnati region’s local arts agency, and raised $12.5 million for the organization. When it came time for the Cincinnati Music Hall to be renovated, Fifth Third Foundation stepped in as one of the first $1 million pledges to help launch the renovation.

 

As one of Cincinnati’s largest employers, Fifth Third Bank understands the importance of the arts when it comes to engaging employees. The company incentivizes donations to the arts through endorsed payroll deductions and encourages leadership opportunities for its employees. Last year, 4,213 members of the Cincinnatiworkforce donated to ArtsWave. 132 of these donations exceeded $1,500.

 

Additionally, Teresa Tanner, chief administrative officer of Fifth Third Bank, was named Chair of ArtsWave’s Board of Directors last fall. Many other executives at Fifth Third Bank also serve on the boards of arts and cultural organizations, including the Cincinnati Symphony Orchestra, Cincinnati Art Museum, Cincinnati Ballet, and Cincinnati Shakespeare Company, as well as other arts organizations across its 10-state reach.

 

In partnership with ArtsWave, the Bank has promoted opportunities for employees to engage with the arts through showcases and performances. The two organizations are currently working collaboratively on an “Inclusive Arts” program with artist Brian Washington, whose work will be exhibited by the Bank and who will also design a mural for the headquarters in Cincinnati. The Bank’s first mural, designed by Eduardo Kobra, depicts Neil Armstrong, the American astronaut who was an Ohio native and University of Cincinnati professor.

 

Fifth Third Bank’s connection to local arts fosters a sense of pride in its city. The Bank has sponsored “Transform Cincinnati,” a book detailing the ArtWorks Mural Program, which is a nonprofit public art initiative, and has also sponsored TIDAL, a hackathon in Cincinnati which brings together minds from the tech, design, and marketing industries to rethink issues in the arts.

 

Mural by artist Eduardo Kobra at its Cincinnati headquarters, courtesy Fifth Third Bank

 

Over the past 20 years, the Fifth Third Foundation has donated almost $7 million to the arts. Fifth Third Bank has branches across Kentucky, Ohio, Indiana, Illinois, Michigan, West Virginia, Georgia, Tennessee, Florida, and North Carolina, where they are also engaged in their respective communities through their support of the arts.

 

 Nominated by ArtsWave

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BOARDway Bound with ArtsWave

Posted by Danielle Iwata
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BOARDway Bound with ArtsWave

Cincinnati’s ArsWave is back with its signature program aimed at cultivating business leaders who will become the region’s next set of arts board members. BOARDway Bound offers selected board candidates and current board members a two-month professional development session. Throughout the process, the newest cohort will take courses like “All Things Revenue,” “Nonprofit Financial Management,” and “Impact, Collaboration, Storytelling,” among others.

 

Since 2004, ArtsWave has trained and placed 300+ candidates, many of whom come from health, energy, and financial industries. Equipped with a greater understanding of arts management, these leaders have successfully helped arts organizations increase revenue and increase audiences.

 

As ArtsWave President and CEO Alecia Kintner notes in an ArtsBiz, “Arts board leadership is one of the top professional development tools Cincinnati’s corporate community uses to groom high-performing employees into future leadership.” Through board participation, employees have opportunities to explore different challenges and creative solutions. Moreover, through these engagements, they can deepen their sense of community.

 

One of the local businesses that understands the value of board participation is Cincinnati Fifth Third Bank. ArtsWave nominated the company for a BCA 10 Award, which it will receive on October 2 in New York City at the BCA 10 Gala that honors the best businesses partnering with the arts.

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Announcing the 2018 BCA 10 Honorees

Posted by Danielle Iwata
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Announcing the 2018 BCA 10 Honorees
The Business Committee for the Arts (BCA) of Americans for the Arts is proud to present the BCA 10 awards on Tuesday, October 2, 2018 at a black-tie gala at the Central Park Boathouse in New York City.
 
The awards honor 10 U.S. companies, a business leader, and an arts and business partnership for their exceptional commitment to the arts through grants, local partnerships, volunteer programs, matching gifts, sponsorships, and board membership.
 
We are excited to announce this year's winners:
 

Churchill Downs (Louisville, KY)

Fifth Third Bank (Cincinnati, OH)

Fosun (New York, NY)

Phillips 66 (Houston, TX)

The Standard (Portland, OR)

Tierney (Philadelphia, PA)

UMB Financial Corporation (Kansas City, MO)

VF Corporation (Greensboro, NC)

West Bend Mutual Insurance Company (West Bend, WI)

Zions Bank (Salt Lake City, UT)

 

In addition, Chandrika Tandon, chairman of Tandon Capital Associates and Soul Chants Music in New York City and Grammy-nominated musician, will be honored with the BCA Leadership Award, which recognizes individuals for their extraordinary vision, leadership, and commitment to supporting the arts and for encouraging other businesses to follow their lead.

 

Square and Cheyenne River Youth Project of San Francisco, CA and Eagle Butte, SD, respectively, will receive the David Rockefeller pARTnership Award. This award recognizes a company and arts organization (or artist) for an exceptional project, program, or initiative that represents a true alliance, collaboration, or exchange between the two.

 

"We are grateful to honor these businesses and individuals for their exceptional involvement in ensuring that the arts thrive in their communities," said Robert L. Lynch, president and CEO of Americans for the Arts. "They provide the arts with significant financial and in-kind support, and they incorporate meaningful arts-related programs into their employee, customer, and community relations activities – truly setting a standard for other businesses to follow."
 
Join us in celebrating these companies and their exceptional partnership with the arts by purchasing tickets, placing an ad in the BCA 10 journal, or sponsoring the gala celebration.
 

 

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Engaging Employees Through the Arts is Good Business

Posted by Jordan Shue
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Engaging Employees Through the Arts is Good Business

Americans for the Arts knows that engaging business employees through volunteerism and the arts is key to fostering a desirable work environment, increasing efficiency and morale, and doing good in the community. For arts groups seeking to build deeper ties with the business community, offering to address the need to engage employees in their work can serve as a powerful tool and argument for why supporting the arts is a win-win for everyonethe company, its employees, your organization, and the entire community.

 

Americans for the Arts is thrilled to announce the release of the first three workbooks in a series dedicated to helping nonprofits start arts-based employee volunteer and engagement programs, including:

 

1.       The Arts & Business Council of Greater Nashville’s WorkCreative, an arts-based training program that brings arts into the workplace by engaging employees in hands-on creativity to stimulate communication, build teamwork, and spark innovation for effective business growth.

2.       ArtsWave’s CincySings, a corporate arts challenge that brings arts into the workplace by creating a friendly, amateur singing competition featuring choirs of Cincinnati-based company employees.

3.       Americans for the Arts Business Volunteers for the Arts®program, a pro bono consulting program for arts organizations that operates in several cities around the United States.

 

If you’re trying to make the case to businesses in your area that using the arts can engage their employees, check out our one-pager advocacy tools, Six Ways to Use the Arts to Boost Employee Engagement and The Arts Boost Employee Engagement. Learn from practitioners who’ve taken the plunge, and work with us or on your own to do the same in your communities! Learn more.

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