
I just received an email from David Grant, President of the Geraldine R. Dodge Poetry Foundation. Grant reports that the Foundation has sustained a 30% decline in financial assets, and ". . . we will not be able to produce a Poetry Festival in September 2010 on the scale of past Festivals."
Sad, but no surprise.
Grant (possessing, it must be observed, the perfect surname for this position at the Foundation) goes on to say:
"we may need to “reinvent” the Festival on either a more affordable scale or in a more affordable venue. (Unfortunately, over the last three Festivals, the production costs have more than doubled, and a mere 20% of the Festival budget went toward hiring the poets at the very center of the event.)
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