One of the most significant ways in which the Foundation has worked to provide support for artists is through Creative Capital. Creative Capital is an independent foundation housed in the Warhol offices that makes substantial grants directly to individual artists on a project basis. It began as an initiative of The Andy Warhol Foundation for the Visual Arts in the wake of the termination by the National Endowment for the Arts of its individual grants program in the mid-1990s. Then Foundation president Archibald Gillies enlisted other members of the philanthropic community in a major fundraising effort to create an alternative source of direct funding for artists. The new organization would have as its mandate the cultivation of work that was experimental, innovative, or had challenging content. In 1999, with the participation of approximately twenty funders in addition to the The Andy Warhol Foundation for the Visual Arts, Creative Capital opened its doors.
As a national organization that funds artists working in all disciplines, Creative Capital honors the creative process with strategic interventions of financial support plus advisory services and promotional assistance at key moments in the development of an art project. This paradigm-shifting integrated system allows Creative Capital to build the capacity of the artist, with a funded project acting as a gateway into the artist’s life.
Since 1999, Creative Capital has committed $29 million in financial and advisory support to 418 projects representing 529 artists, and our Professional Development Program has reached 5,900 artists in more than 170 communities. In addition to its initial $2 million grant and crucial support during Creative Capital’s early years, the Foundation’s recent renewal of a ten-year, $15 million matching grant demonstrates its confidence in and commitment to Creative Capital’s innovative approach to serving artists.
For comprehensive artist opportunities and detailed activities of Creative Capital, please visit their website.