The Andy Warhol Foundation for the Visual Arts announces a new five-year, $7.5 million commitment to Creative Capital to continue its groundbreaking support for innovative artists and the defense of freedom of expression.
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 a project. This multi-faceted, 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.
Creative Capital, established by the Warhol Foundation nearly 25 years ago, continues to respond to the needs of artists, empowering them to break new ground and think outside of the established systems that rule our cultural landscape. The organization’s reach goes far beyond its mission to fund the creation of experimental and challenging work by impacting the arts ecosystem overall and inspiring other organizations to invest in the long-term, sustainable careers of artists.
“Creative Capital puts artists and innovation first,” states Joel Wachs, President, The Andy Warhol Foundation for the Visual Arts, “The Warhol Foundation stands firmly behind the organization’s ground-breaking work and its abiding commitment to artists and freedom of expression. Under the leadership of Christine Kuan and her team, Creative Capital has continued to enable artists to address the most pressing issues of our moment and to demonstrate the many ways creative practices not only engage with the world but shape it too.”
Since taking helm of Creative Capital in 2021, President & Executive Director, Christine Kuan, has continued to uphold the organization’s unwavering commitment to artists and freedom of expression by increasing the organization’s grantmaking and enhancing the services it provides to artists. The Warhol Foundation’s continued support will strengthen Creative Capital’s ability to navigate current national and global issues and maintain its position as a vital organization to nurture long-term relationships with artists to help them realize ambitious projects that make significant contributions to current cultural conversations.
“Creative Capital believes in the mysterious power of the individual artist as a force for change. Our work is designed to push boundaries—to explore, discover, uplift, and foster risk-takers in the arts,” says Christine Kuan, President & Executive Director, “This vital gift from the Warhol Foundation bolsters freedom of expression by enabling more diverse artists’ dreams to be realized and strengthens Creative Capital’s unique grassroots infrastructure to serve the most radical creators of our time.”
Creative Capital is often the first to fund experimental and socially engaged projects. Its awardees have successfully built thriving practices and given back to the community in meaningful ways. To date, Creative Capital has awarded $55 million in grants and services to over 900 artists to create 730 innovative new projects. The Warhol Foundation is pleased to continue to support the organization’s mission to fund artistic freedom and provide a democratic platform that enables the creation of ambitious, innovative work.
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