The INSPIRE Art Award is partially funded by PRIO, the Research Council of Norway under the INSPIRE project and Anaïs Lellouche. Additional Award funds are gathered through a fundraising campaign offering the opportunity to collectors and institutions to acquire works by leading artists working across disciplines of contemporary creation.
An exciting group of celebrated artists have consigned works to support the INSPIRE Art Award. Though the sale of consigned works, proceeds are distributed equally between the artists (50%) and the INSPIRE Art Award charitable trust (50%). Acquisitions of INSPIRE consigned artworks support the consigning artists, and the future laureates. This initiative also offers collectors and institutions the opportunity to support the INSPIRE Award mandate through realising acquisitions of works by leading artists.