The Andy Warhol Foundation for the Visual Arts (Andy Warhol Foundation) is an independent foundation based in New York, New York. Established in 1987, the foundation is dedicated to the advancement of the visual arts and fosters innovative artistic expression and the creative process by encouraging and supporting cultural organizations that in turn, directly or indirectly, support artists and their work. The assets of the foundation are managed by its executive management team.The Andy Warhol Foundation for the Visual Art's investment portfolio is valued at over $312.15 million, with investments in domestic and international equity, fixed income, private equity, and cash.