About

The NAMTA Foundation for the Visual Arts was incorporated in 2005 as a 501(c)(3) charitable organization.  In June of 2005, the Foundation received a letter from the Internal Revenue Service, exempting the Foundation from federal income taxes and confirming that donations to the Foundation are wholly deductible under Section 170 of the Internal Revenue Code (IRC).  In addition, the Foundation is qualified to receive tax-deductible bequests, devises, transfers and gifts under Sections 2055, 2106 and/or 2522 of the IRC.

The Foundation’s Mission Statement is: “Working directly with individuals and through other organizations, the mission of the NAMTA Foundation is to nurture fine artists and inspire new participants in the visual arts through scholarships and grants on an international basis.”

In keeping with its mission, the Foundation provides annual scholarships for students pursuing art-related courses of study; disaster relief grants to aid those individuals, art-related businesses and organizations who are devastated by natural or manmade disasters; grants to individuals and organizations to provide art projects within local communities; and coordination of art projects for children and senior citizens. 

Sid Smith, Executive Director of NAMTA (International Art Materials Trade Association), gives a detailed outlook on the NAMTA Foundation.