The Murphy Foundation of El Dorado announced Wednesday that it has committed to providing $5 million in grant funds over seven years to El Dorado Festivals & Events Inc.
“El Dorado Festivals & Events Inc. has provided a road map, backed by research and key demographic data, that will foster this culture of Southern arts and, in turn, create a tremendous opportunity for El Dorado and the region,” said Madison Murphy, president of the nonprofit Murphy Foundation, in a press release.
EFEI is a nonprofit group founded to create, maintain and promote a local art collective and district that, when completed, should draw more than 250 annual performances from more than 35 events.
The Murphy Foundation is dedicated to improving the quality of life of Arkansans through its support of the arts, education, health care and public policy.
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