Niarchos Stiftung für junge Künstler

The foundation aims to promote the visual arts by supporting young and talented artists active in this field. To this end, the foundation can organize competitions and award prizes, grant art scholarships, organize and finance exhibitions, purchase and make accessible to the public artworks by young and talented artists, and provide direct support to young artists in case of financial need (e.g. by financing studio costs, etc.). For the purposes of this foundation, artists up to the age of 40 are considered young. The foundation has a non-profit character and does not pursue any commercial purpose; full description of purpose according to the foundation deed.