Art Acquisition Fund
Initiated in 2003, the Art Acquisition Fund provides grants for Alaska museums to purchase current work by practicing Alaskan artists. It arose out of Rasmuson Foundation interest in encouraging museums to support Alaskan artists, and Museums Alaska's interest in supporting professional practices among the state's museums.
The project is intended to (1) support living, practicing Alaskan artists through museum purchases, (2) enhance the permanent art collections of Alaskan museums, and (3) encourage Alaskan museums to develop formal collections policies. The Foundation also hopes to enhance exposure of Alaskan artists by providing a regular venue for contemporary Alaskan art in the Foundation office in Anchorage.
Alaska museums that have formal collections policies can apply for grants to purchase works by living, accomplished Alaskan artists for their permanent collections. The Fund is administered by Museums Alaska on behalf of the Foundation.