What is NARS Foundation?
The NARS Foundation is a pivotal institution dedicated to nurturing emerging and mid-career artists and curators. Its core offering is the International Artist Residency Program, providing three and six-month residencies for both international and US-based artists. Complementing this, the foundation supports early-career curators through a dedicated Fellowship, enabling them to hone their skills and develop impactful public programming. NARS also actively engages the community by hosting exhibitions that highlight innovative works from local and national artists, thereby fostering artistic dialogue and community cohesion. Through its outreach initiatives, the foundation strives to bridge the gap between contemporary art and the South Brooklyn community via educational programs and public events.
How much funding has NARS Foundation raised?
NARS Foundation has raised a total of $16K across 1 funding round:
Debt
$16K
Debt (2021): $16K with participation from PPP
Key Investors in NARS Foundation
PPP
Public-Private Partnership
What's next for NARS Foundation?
With the recent infusion of moderate growth capital, NARS Foundation is poised for strategic expansion. The Series A/B growth stage funding suggests a focus on scaling its residency programs, potentially increasing the number of artists and curators supported, and broadening the scope of its exhibitions and public programming. Future initiatives may include enhanced community outreach, digital platform development to extend its reach beyond physical exhibitions, and strengthening partnerships within the broader arts ecosystem. This investment is expected to solidify NARS Foundation's position as a key supporter of artistic innovation and cultural exchange.
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