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No. 413, décembre 2006- février 2007, part one of a four part piece by Jean-Luc Mylayne

Coalition Launches Historic $50 Million Initiative to Bolster Nonprofit Literary Arts

Lannan Co-Founds Coalition Launching Historic $50 Million Initiative to Bolster Nonprofit Literary Arts

New fund is dedicated to strengthening the field, advancing support for creative writers and ensuring their contributions to American literature for generations to come

New York, NY (October 28, 2025) – Today, a coalition of seven charitable foundations—the Ford Foundation, Hawthornden Foundation, Lannan Foundation, John D. and Catherine T. MacArthur Foundation, Mellon Foundation, Poetry Foundation, and an anonymous foundation—announced the launch of the Literary Arts Fund, an unprecedented effort to dramatically boost the essential yet critically underfunded nonprofit literary arts field in the United States. The fund, initiated by Mellon as a collaborative effort in service of the field’s needs and promise, will distribute at least $50 million over the next five years, with continued fundraising planned.

“Art does not find its way forward in a search for commercial success. Without nonprofit publishers American letters would have stalled long ago,” said Percival Everett, poet and author of the Pulitzer Prize-winning novel James. “This initiative demonstrates the kind of spirit that we hope our writers exhibit. This is the kind of support that will reinvigorate the entire artistic landscape of our culture.”

Learn more about the new fund at https://literaryartsfund.org/

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