In 1999, The Andy Warhol Foundation for the Visual Arts joined forces with members of the philanthropic community to establish Creative Capital, a nonprofit 501(c)3 organization, to support individual artists creating groundbreaking new work after the National Endowment for the Arts terminated programs for individual artists. Creative Capital’s uniquely innovative venture philanthropy model provides infusions of funding at key moments in an artist’s project, surrounds artists with mentors and experts, and offers gatherings, such as the Artist Retreat, for artists to connect with other artists and to showcase their projects to a broad audience of cultural stakeholders.
To date, Creative Capital has committed over $50 million funding to nearly 800 artists for the creation of bold, risk-taking, and genre-stretching projects in the visual arts, performing arts, film, technology, literature, and multidisciplinary forms. Creative Capital encourages a spirit of mutual generosity among artists and partners, and has formed a thriving community that fosters sustainable career-building opportunities for artists.