Story perspectives

500 Artist Foundations Offer Grants Amid Funding Decline

1/8/2026

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Summary

Story summary

Over 500 artist-endowed foundations have been identified by the Aspen Institute, holding billions in assets and offering grants and residencies to under-recognized artists.
Notable examples include the Joan Mitchell Foundation, offering $60,000 grants over five years, and the Pollock-Krasner Foundation, which has awarded about $87 million since 1985.
Congressional support for the National Endowment for the Arts has declined, reducing fellowships and funding amid ongoing demand.

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Story summary

Over 500 artist-endowed foundations have been identified by the Aspen Institute, holding billions in assets and offering grants and residencies to under-recognized artists.
Notable examples include the Joan Mitchell Foundation, offering $60,000 grants over five years, and the Pollock-Krasner Foundation, which has awarded about $87 million since 1985.
Congressional support for the National Endowment for the Arts has declined, reducing fellowships and funding amid ongoing demand.