Nov. 25, 2014   32°F   School Closings
Listen Live WCPN / WCLV
ideastream
Mission 4
Values 1
Values 2
Values 3
Vision 3
Vision 4
Vision 5
Values 4
Values 5
Values 6
Vision 1
Vision 2

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS

Holden Arboretum, Cleveland Botanical Garden Could Merge

Friday, June 27, 2014 at 4:52 PM

Share on Facebook Share Share on Twitter Tweet

The Holden Arboretum could merge with the Cleveland Botanical Garden. The garden has faced financial woes over the last decade, complicated by a significant blow to its endowment by the Great Recession. Plain Dealer reporter Michelle Jarboe McFee explains the situation to ideastream's Tony Ganzer.

Board members at the Holden Arboretum, an occasional WCPN underwriter, voted last night to merge with another Northeast Ohio staple--the Cleveland Botanical Garden.  The garden has faced financial woes over the last decade, complicated by a significant blow to its endowment by the Great Recession.  Holden gains more visibility; and the garden gets solvency.  And, as Plain Dealer reporter Michelle Jarboe McFee explains to ideastream’s Tony Ganzer, there also may be a lesson here for other non-profits in management of risk.

Tags

Economy, Community/Human Interest, Environment

Leave a Comment

Please follow our community discussion rules when composing your comments.