Between the Trump administration's cuts to the National Endowment for the Arts and the National Endowment for the Humanities and the gutting of the Institute of Museum and Library Sciences , federal funding for nonprofit literary arts programs has been in dire straits. Now, seven deep-pocketed philanthropic foundations are coming together to help fill in the gaps.

The coalition announced on Tuesday the creation of the Literary Arts Fund, which will distribute "at least" $50 million through grants to various nonprofit organizations across the country over the next five years.

The money will go to organizations that award fellowships, host writers' retreats and residencies, host book events, publish translated literature and more. There will be an open call starting on November 10

See Full Page