back to the board, there is an initial target of $12 million of philanthropic fund raising that the acoc is charged a phrasing. there will demonstrate that $12 million to say we will continue to raise funds. i do not want to conflate the corporate sponsorship peace with the philanthropic peace. that is part of the cooperation between the organizing committee and the event authority. making sure they are not stepping on each other's toes. we want to make sure that -- local funders who could give to the philanthropic pace, that comes to the organizing committee side. we are confident in the ability to meet their goal and we hope the event authority will do their sponsorship activities to bring forth the event everyone is looking forward to. >> a staff member has been involved with some of the arts groups. some of the previous projections for the america's cup budget, something like a $306 million budget. only 120,000 being allocated in earlier -- has that changed? that seems to be much less than 0.04% of the existing $306 million budget. is that is -- all that is being allocated for arts?