Support for Contemporary Art Exhibitions
Every year, the Foundation awards financing to contemporary art exhibitions.
In order to facilitate the successful fulfilment of the joint initiative supported by the ABLV Charitable Foundation to open the Latvian Museum of Contemporary Art (LMCA) in 2021, the goal of the programme is to generate public interest in contemporary art, not only by challenging people to think, but also by stimulating their appetite for learning, as well as by getting them to look in the mirror, ask themselves questions and swap ideas and experiences. Under the programme, grants are awarded to professional-level exhibitions of national importance that support cutting edge contemporary art in Latvia or provide coverage of research work into contemporary art.
Programme Target Audience
The Foundation’s operation under the auspices of this programme is intended to encompass all age groups, starting from the smallest right through to the most senior, with particular emphasis on specialists in the sector. In turn, an application for support from the Foundation can be made by any society, foundation, municipality, municipal institution or municipal agency whose activity is not-for-profit, as well as by a governmental body or governmental agency registered in Latvia whose activity is not-for-profit. Commercial enterprises cannot apply for support.
Donations for this programme are attracted throughout the year, specifying that the donation is intended for the Support for Contemporary Art Exhibitions programme in the payment objective. Information about the work done under the auspices of this programme is available to the public in the programme’s “Support for Contemporary Art Exhibitions” section of the Foundation's homepage. Reports are updated once quarterly.
In light of the fact that the Foundation has been awarded the status of a public benefit organisation, residents of the Republic of Latvia who make donations to this programme are entitled to receive tax relief.
Collaboration Opportunities and Forms of Project Financing
This programme offers two types of collaboration opportunities:
- Under the auspices of the grant competition
Applications for support from the ABLV Charitable Foundation under the auspices of a grant competition are accepted once a year, in accordance with the terms and conditions of the grant competition. During the second half of each year, a competition is organised for the awarding of support to the following year's projects. The grant competition’s terms and conditions, electronic application and budget forms are only available on the Foundation’s homepage during the timeframe of the grant competition. Applicants fill in application forms (content and budget) in Latvian, containing a description of the course of the project, as well as its goals, implementation timeframe, planned financing and brief information about the organisation represented. One project can be awarded up to: EUR 10 000 and up to 75% of total project costs. The Foundation can provide partial support for the implementation of the project, provided that the project also has another source of co-financing. Supported projects must take place in Latvia and thus facilitate the development of contemporary art in Latvia.
- At the Foundation’s invitation
In accordance with the Foundation’s goals and planned budget in the relevant year, the Foundation’s representatives will approach potential collaboration partners, offering financial support for the development and execution of a joint project. The Foundation can provide partial support for the implementation of the project, provided that the project also has another source of co-financing.
Decision-Making on whether or not to Award Funding
- Applications received during the course of the grant competition, which conform to the terms and conditions, are reviewed at a meeting of the Foundation's Board, during which a decision is made on the possibility of providing support. The Foundation’s representative is entitled to ask clarifying questions about the submitted project.
Decision-making is dependent on the project’s contents and financial section, as well as its conformity to the grant competition’s terms and conditions and the Foundation’s capacity to provide support. The Foundation retains the right to provide only partial support for the project out of the funds applied for in the application, or to choose to support only individual items in the overall budget estimate, or to decline to award funding for the project.
A reply will be sent to the project applicant electronically to his specified e-mail address within one week of the decision being made.
- Collaboration partners approached by the Foundation will be allocated a budget for the implementation of the respective project at a meeting of the Foundation’s Board.
- 2017 quarter I, II and III operating report for the programme “Support for Contemporary Art Exhibitions”
- 2016 annual report for the programme "Support for Contemporary Art Exhibitions"
- 2015 annual report for the programme "Support for Contemporary Art Exhibitions"
- 2014 annual report for the programme "Support for Contemporary Art Exhibitions"
We invite donations to the programme "Support for Contemporary Art Exhibitions"
Foundation “ABLV Charitable Foundation”
Reg. No. 40008108111
ABLV Bank, A/S
Acc. No. LV75AIZK0001130082670 (for donors who consent to receive a public expression of gratitude)
Acc. No. LV91AIZK0000020082670 (for donors who wish to remain anonymous)
A donation to programme Support for Contemporary Art Exhibitions