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FILE - A young girl reads a book while sitting in a window of the Morningside Heights branch of the New York Public Library on July 29, 2003. (AP Photo/Richard Drew, file)

Literary Arts Fund to Distribute $7.7 Million to 40 Organizations

Grants will range from $40,000 to $500,000.

New $50 Million Literary Arts Fund to Support Nonprofits

New $50 Million Literary Arts Fund to Support Nonprofits

A coalition of seven foundations established the fund and plans to distribute at least $50 million over the next five years.