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The Ukrainian Cultural Foundation is a state-owned institution created in 2017 in correspondence with the Law of Ukraine with aim to facilitate development of culture and arts in Ukraine, to provide favourable environment for development of intellectual and spiritual potential of individuals and society, wide access for the citizens to national cultural heritage, to support cultural diversity and integration of the Ukrainian culture into the world cultural space. The Ukrainian Cultural Foundation supports projects through a competitive selection process. Activities of the Ukrainian Cultural Foundation are guided and coordinated by the Ministry of Culture of Ukraine.
The Foundation introduces new mechanisms for result oriented and competition-based state funding for initiatives in the field of culture and creative industries in order to facilitate the development of the ecosystem of culture and creativity in Ukraine, which enables the creation and dissemination of new senses and common values in society, as well as contributes to the development of Ukrainian culture and preservation of cultural heritage in the context of world trends.