Academy of Country Music Endows Charitable Fund With $850,000

The Academy of Country Music (ACM) has endowed its charitable fund with $850,000. The endowment was made at an ACM board meeting this week and includes monies raised at events held in conjunction with the 43rd annual ACM Awards in Las Vegas in May, including an annual motorcycle ride, golf classic and a new artists’ showcase. The gift is the first disbursement of a significant three-year funding commitment and fundraising campaign.┬áThe charitable fund was established in 2005 to promote music education programs and assist organizations that focus on healing through music.