The Andy Warhol Foundation for the Visual Arts in New York City has announced a five-year, $7.5 million commitment to Creative Capital to bolster ongoing programs in support of artists and the defense of freedom of expression.

Established in 1999 with support from the foundation, Creative Capital funds artists in the creation of groundbreaking work, amplifies the impact of their work, and fosters sustainable artistic careers, providing strategic interventions of financial support, advisory services, and promotional assistance across the artistic process. To date, Creative Capital has awarded grants and services totaling $55 million to more than 900 artists.

“Creative Capital puts artists and innovation first, [enabling] 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,” said Warhol Foundation president Joel Wachs.

“Our work is designed to push boundaries—to explore, discover, uplift, and foster risk-takers in the arts,” said Creative Capital president and executive director Christine Kuan. “This vital gift…bolsters freedom of expression by enabling more diverse artists’ dreams to be realized and strengthens [our] unique grassroots infrastructure to serve the most radical creators of our time."

(Photo credit: Creative Capital/Jordan Tiberio)