Creative Capital has announced that it is moving its Creative Capital Awards program to an annual funding cycle in order to provide steadier, more consistent support for artists.

In previous years, the Creative Capital Awards were handed out at intervals of between a year and three years — most recently in 2019, 2016, and 2015. Announced on the occasion of the organization’s twentieth anniversary, the change is intended to give artists more clarity and flexibility with respect to the application process and ensure that Creative Capital support is available for cutting-edge projects when that assistance is of most value.

Awardees will continue to receive $50,000 in project funding, supplemented by career development services valued at $50,000, for a total value of $100,000. In recognition of the increasingly blurred boundaries between genres, Creative Capital also will continue the new practice, begun in the 2018 award cycle, of accepting all applications without regard to discipline and of engaging a multidisciplinary panel of practitioners and experts from a wide range of fields to select recipients.

With the aim of fostering artistic exchange and a thriving cultural commons across the United States, Creative Capital has provided support to seven hundred artists since its founding in 1999 — including more than $45 million in funding; professional development opportunities; legal, financial, and other consulting services; and artist retreats and gatherings. The organization receives support from several funders, including the Andy Warhol Foundation for the Visual Arts; the Doris Duke Charitable Foundation, the Lambent Foundation, the Andrew W. Mellon Foundation, the William and Flora Hewlett Foundation, and the William K. Bowes, Jr Foundation; Bloomberg Philanthropies; the New York Community Trust; the Theo Westenberger Estate; Toby Devan Lewis; and Paige West.

“Annual awards, open to projects of all disciplines, will ensure that we’re accessible to artists when they need us most,” said Creative Capital president and executive director Suzy Delvalle. “The new award cycle reflects both our mission to amplify the full spectrum of the country’s artistic voices, and our commitment to growing and strengthening Creative Capital itself.”