Creative Capital
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| Abbreviation | Creative Capital |
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| Formation | 1999 |
| Founded at | New York City, New York U.S. |
| Headquarters | New York City, New York U.S. |
| Location | |
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Executive Director
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Suzy Delvalle |
| Website | Creative-Capital |
Creative Capital Foundation is a New York-based, national non-profit which provides grants and advisory services to artists in five disciplines: Visual Art, Performing Arts, Emerging Fields, Film/Video and Literature.
Creative Capital was founded in 1999 with Ruby Lerner as the founding director, president and Executive Director. As of May 2016, the Executive Director is Suzy Delvalle.
In its first year, Creative Capital accepted 1,810 applications. It was founded in part to offer support to artists affected by the National Endowment for the Arts' (NEA) cuts to funding for individual artists in the 1990s.
The Harvard Business School published a case study of the Creative Capital business model on March 24, 2010 titled "Creative Capital: Sustaining the Arts." In a description of the study, authors G. Felda Hardymon and Ann Leamon wrote about Creative Capital’s use of a venture capital model, investing in their grantees with money as well as advice on managing their careers so that they can continue improving their careers after they’ve spent the grant. As part of that sustainability, Creative Capital's system stipulates that grantees whose projects make a profit return a portion of those profits to the organization. Also, many former grantees of Creative Capital become advisors for new grantees.
Creative Capital's approach to artist services centers on the idea that time and advisory services are as important to the creative process as money. As the grantee's funded project develops, Creative Capital staff meets with grantees to set goals and chart progress. Creative Capital provides funding at benchmark moments for each project, including initial funding, support to build the artist’s personal and professional capacity, follow-up support for project production, funding for the project’s premiere, and support for the project’s expansion beyond its premiere presentation. Of this type of support, Sheryl Oring, a Creative Capital grantee, has said, "For mid-career artists like me, Creative Capital can help make the difference between whether we keep making art or give up."
List of Creative Capital Grant recipients
Emerging Fields
Moving Image
Literature
Performing Arts
Visual Arts
After each new round of grantees is announced, Creative Capital hosts a retreat for their artists, including the most recently announced grantees, the grantees from the previous round, some other grantees as consultants as well as people connected to Creative Capital in various ways who act as consultants, workshop leaders or observers. In various workshops and meetings with consultants, artists are taught how to plan the next five years of their lives, in terms of their artistic careers as well their own lives.
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