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Lin-Manuel Miranda launches multimillion-dollar arts fund for Puerto Rico

Lin-Manuel Miranda launches a multi-million dollar arts fund in Puerto Rico in hopes that it will help rebuild the island after it was destroyed by Hurricane Maria almost a year ago.
Credit: Dimitrios Kambouris/Getty Images
Composer Lin Manuel Miranda speaks during SiriusXM's town hall with Jimmy Buffett and Lin-Manuel Miranda moderated by Justin McElroy on March 13, 2018 in New York City.

Lin-Manuel Miranda jumped up to a podium shortly after landing in Puerto Rico on Sunday to announce he has helped create a multimillion-dollar fund to boost the arts in the U.S. territory as it struggles to recover from Hurricane Maria.

The "Hamilton" playwright said he hopes the fund will grow to $15 million in upcoming years. He added that he will donate all funds from the Broadway hit when it is performed in January in Puerto Rico.

"The goal wasn't just artistic satisfaction, but how can we leave Puerto Rico a little better than we found it?" said Miranda, whose parents are from the island.

Hurricane Maria caused damage estimated at more than $100 billion when it hit last September. Cultural and artistic groups across Puerto Rico have been greatly affected, losing government and nonprofit support amid an 11-year-old recession.

The first five recipients of the fund include a dance school and a theater company.

"This will allow us to start dreaming again, to come up with new ideas, to visit more cities. This will allow us to breathe," Julio Morales, artistic co-director of the local theater company, Y No Habia Luz, told The Associated Press.

The seven-member company will receive $180,000. It had struggled to find funds and was forced to cancel all events for several months after the hurricane.

The nonprofit Flamboyan Foundation will manage the fund, which will award $1 million each to the Theater of the University of Puerto Rico and the Puerto Rico Museum of Art. An award of $900,000 will go to an art education program and a dance school.