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The foundation also plans to establish music education programs about jazz and folk for young people, something Wein said is of particular importance.

Wein, a jazz pianist, still performs every year in Newport and elsewhere as part of his Newport All-Stars, which features a rotating cast of artists. He is not paid to run the festivals, and said he plans to stay with them this year and next, and then decide what to do after that.

“I won’t be around forever,” he said.

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Online:

Newport Festivals Foundation: http://www.newportfestivalsfoundation.org/

Folk festival: http://www.newportfolkfest.net/

Jazz festival: http://www.newportjazzfest.net/