As the Culture Wars intensify in the US, a new generation of artists is finding innovative ways to support their peers through foundation-funded grants. Many successful creatives, such as Nancy Graves, have left behind lasting legacies by establishing foundations that provide financial assistance to struggling artists.
Graves' own foundation, set up just months before her death, offered grants to artists experimenting with unconventional techniques and mediums. Similarly, the Adolph Gottlieb Foundation provides support to mature painters and sculptors who lack financial resources, while the Lee Krasner Foundation has been instrumental in promoting the work of artists like Jackson Pollock and Lee Krasner.
These foundations often fill a critical gap left by declining congressional support for the National Endowment for the Arts. State arts agencies have seen their funding dwindle over the past two decades, with some states now offering only a handful of fellowships per year. In 2023 alone, state arts agencies invested $38 million in fellowship awards, but demand remains high.
Artist-endowed foundations are on the rise, holding billions of dollars in aggregate assets and providing critical support to emerging artists. The Aspen Institute estimates that over 500 such foundations exist, with some offering direct grants or residency programs. Others have established investment portfolios to ensure the long-term sustainability of their grant-making efforts.
As the Culture Wars continue to polarize the arts community, these innovative foundations are serving as a beacon of hope for those struggling to make ends meet. By providing critical funding and support, they are helping to keep the creative flame burning bright β at least for now.
Graves' own foundation, set up just months before her death, offered grants to artists experimenting with unconventional techniques and mediums. Similarly, the Adolph Gottlieb Foundation provides support to mature painters and sculptors who lack financial resources, while the Lee Krasner Foundation has been instrumental in promoting the work of artists like Jackson Pollock and Lee Krasner.
These foundations often fill a critical gap left by declining congressional support for the National Endowment for the Arts. State arts agencies have seen their funding dwindle over the past two decades, with some states now offering only a handful of fellowships per year. In 2023 alone, state arts agencies invested $38 million in fellowship awards, but demand remains high.
Artist-endowed foundations are on the rise, holding billions of dollars in aggregate assets and providing critical support to emerging artists. The Aspen Institute estimates that over 500 such foundations exist, with some offering direct grants or residency programs. Others have established investment portfolios to ensure the long-term sustainability of their grant-making efforts.
As the Culture Wars continue to polarize the arts community, these innovative foundations are serving as a beacon of hope for those struggling to make ends meet. By providing critical funding and support, they are helping to keep the creative flame burning bright β at least for now.