The Creative Ventures Fund provides grants to organizations to pursue new ideas and activities, and to expand their current programs while fostering artistic excellence. All projects must involve a public performance, exhibit, or other presentation.
Examples of eligible projects include, but are not limited to:
- A dance company brings a choreographer to Alaska for a three-month residency that results in the premiere of a new work.
- A local arts council initiates a new performance series designed to reach young adult audiences.
- A museum works with a composer, multimedia artist, and/or sound designer to explore and implement compositional and/or technical sound design into a new exhibit.
- A choral ensemble adds a concert to their annual series of performances to serve a broader audience.
- Three theatre companies collaborate to produce a week-long theater festival.
- Alaskan-based arts and/or cultural organizations that have received 501 (c) (3) status from the Internal Revenue Service and are classified as "not a private foundation" under section 509(a) of the Code or the equivalent.
- Organizations must have been in existence at least three years and have a performance/exhibition record of at least two years.
- Organization must have an active board of directors, and at least one, paid part-time staff person. Requests from organizations without paid staff will be considered on an invitation only basis.
Applicants may request a maximum of $50,000 which must be matched on a one-to-one basis. Grants may be used over a one or two year period depending on the project. Matching requirements may be met through a combination of cash and in-kind sources. However, no more than 50% of matching funds may come from in-kind sources.
For example: An organization with a $30,000 project may apply for up to $15,000. The organization must demonstrate its ability to fund the balance of the project through earned income, contributions and in-kind support.
Use of Grant Funds
Grants must be used for costs directly incurred in the development, production, and presentation of the proposed project including but not limited to:
- Compensation for artists directly involved in the project, including commissioning fees
- Production expenses, such as installation, performance and rehearsal space rental
- Marketing expenses directly related to the project
- Travel and lodging for the primary artist(s) involved in the proposed project
- Travel and shipping costs incurred in touring and presenting the project
- Administrative expenses (limited to 10% of the total request)
- General operating expenses
- Support for ongoing, existing programming
- Projects that do not have a public component
- Salaries of staff/personnel not directly involved in the project
- Capital expenditures not directly related to the project
- Projects of a purely educational or academic nature
- General marketing activities
- Benefits or fund-raising events
- Debt reduction
- Degree to which the project represents a departure from or enhancement of prior programming
- Completeness of project planning including feasibility and appropriateness of the budget
- Quality and qualifications of the participating artists
- Ability of the organization to carry out the project, both artistically and financially, based on a demonstrated fiscal and programming history
- Impact of the project on the public; its contributions to the cultural life of a community including its ability to reach and serve targeted audiences and/or attract new ones
- Degree to which the project fits the organization's mission, and advances its artistic development and institutional capacity
Applications may be submitted at any time. Applicants are encouraged to contact the Foundation to discuss their project before submitting.
Completed applications will be reviewed and decisions made within 90 days of receipt. Applicants are encouraged to submit early in their project planning process.
- Creative Ventures grants are limited to one per organization per year.
- Funds many not be requested for more than one organization for the same project.
- Applicants may not apply to more than one Rasmuson Foundation grant program for the same project.
- Organizations named as collaborators in applications submitted by another organization may submit their own application for a different project. However, applicants must be able to demonstrate their ability to successfully undertake both projects.
- Grantees who receive a Creative Ventures grant must complete their project and close the grant before a new request will be considered.
Creative Ventures Fund application packet