Dear Art Supporters,

As we step into 2009, we are both inspired and optimistic. Although we all are facing a challenging economic climate, our regional arts community continues to offer engaging, enriching, and exceptional work.

We are also encouraged by the dedication, passion, and commitment from PONCHO supporters and the local community. PONCHO has already received a strong level of support for our Arts Education & Outreach Fund. Donations for this Fund slightly exceed last year’s allocations, and we continue to see donor interest. We are also reviewing every opportunity to raise money and build support for our Artistic Program grants, with a goal of maintaining level funding in 2009.

While there’s still much work to do, PONCHO’s commitment to our mission remains strong, especially during these uncertain times. We’ve embarked on a transition to sustain the arts more effectively by streamlining costs, reducing reliance on events, and diversifying our fund development strategy.

To position PONCHO to navigate this transition successfully, we are adjusting the timing of our annual auctions, which includes shifting the Wine Auction to the spring (which is a better fit for vintners and the wine-collecting audience) and shifting the Art Auction to the fall.