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The new $50M Literary Arts Fund will support independent publishers and nonprofits

The fund addresses chronic underfunding as literary arts received less than 2% of U.S. arts grants in 2023, distributing $50 million to support independent literary nonprofits.

  • On October 28, 2025, a coalition of seven charitable foundations announced the Literary Arts Fund to distribute at least $50 million over the next five years, with applications opening Nov. 10.
  • Organizers pointed to chronic shortages that left independent publishers and nonprofits scrambling amid federal funding cuts, while a Candid-based study found literary arts received 1.9% of approximately $5 billion in arts grants in 2023.
  • Among the backers are several philanthropic foundations supporting the project, with Jennifer Benka set to oversee the fund's implementation.
  • Organizers said the fund will support fellowships, residencies, book events, translations, and small publishers, with Ann Patchett calling it `a cause for celebration`.
  • Mellon president Elizabeth Alexander said the goal was `not piecemeal` and urged American philanthropy to counter commercial publishing pressures by strengthening long-term infrastructure.
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The new $50M Literary Arts Fund will support independent publishers and nonprofits

A coalition of seven charitable foundations has established a Literary Arts Fund to support independent publishers and nonprofit organizations.

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Associated Press News broke the news in United States on Tuesday, October 28, 2025.
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