The purpose of the Foundation is to promote and fund art and culture within the framework of federal responsibility.
The German Federal Cultural Foundation promotes art and culture within the scope of federal competence. One of its main priorities is to support innovative programmes and projects on an international level. To achieve this, the Foundation invests in projects which develop new methods of fostering cultural heritage and tap into the cultural and artistic potential of knowledge required for addressing social issues. The Federal Cultural Foundation also focuses on cultural exchange and cross-border cooperation by initiating projects of its own and funding project proposals in all areas of the arts with no stipulations as to theme or subject.
The Foundation was established on 21 March 2002 by the German federal government represented by the Federal Government Commissioner for Culture and the Media. It is a civil-law foundation and has its headquarters in Halle an der Saale, Germany. The Federal Cultural Foundation is financed with a fixed amount of 40 million euros annually, provided through the budget of the State Minister of Cultural and Media Affairs.
The German Federal Cultural Foundation is financed by the Federal Government Commissioner for Culture and the Media by resolution of the German Bundestag.