New fund sparked by William Penn Foundation will dole out millions to arts groups and artists in ‘severe financial straits’

The William Penn Foundation is leading a group of donors to throw a lifeline to Philadelphia’s arts and culture sector.

Citing factors like the sudden disappearance of ticket revenue and cancellation of spring fund-raisers at many arts groups, William Penn and others have contributed to a newly created emergency fund to the tune of $3.4 million.