The Rijksakademie Artists’ Endowment Fund (RAEF) is a manifestation of mutual, loyal support by artists for artists associated with the Rijksakademie: former residents and (former) advisors, winners and jurymembers of the Prix de Rome.
The Endowment is initiated by artists and from 2008 on developed by Janwillem Schrofer, president of the Rijksakademie between 1982 and 2010. Present and future generations of talented artists at the Rijksakademie will benefit from the ‘fruits’ of the Endowment with the support given to their research and production.
In addition to the state and patronage – the trust forms the third financial pillar of the Rijksakademie, a pillar whose importance will grow in the future.

Total artists’ donations € 1,075,000.  After deduction of total expenditures (catalogue print and distibution, events, transport/insurance/ production of art works), the fund invested amounts to: over € 850,000 (2010).

Benefits. From 2014 on yearly substantial contributions to research and work budgets of resident artists in the Rijksakademie, for at least the twenty years to come.

The Stichting Rijksakademie Artists’ Endowment Fund (RAEF)  (fiscal number 8221.73.049B.01) can be reached through:

Trustfonds Rijksakademie
Sarphatistraat 470
1018 GW Amsterdam
Tel. +31(0)20.527.0311
The Policy plan (including 'Aims') is described in and in accordance with the statutes (Article 2.2. of the statutes), which are available on request: “support of artists in Rijksakademie, capital management in that perspective”. RAEF has an ANBI status and is a static fund supporting resident artists.
The Board consists of Liesbeth Bijvoet (Treasurer), Hermann Pitz (Secretary) and Janwillem Schrofer (Chairman), registered at Chamber of Commerce (KvK 34385719).
They receive no honorarium; expenses can be reimbursed. The Foundation has no personnel costs; services rendered by third parties on billing base only.

In 2013 the continued existence of the Rijksakademie van beeldende kunsten was secured. The capital management of RAEF is – under the supervision of the Board – transferred to the Trustfund Rijksakademie. In compliance to agreements with fiscal authorities RAEF abstains from market activities; art works in store have been returned to the artists’ studios.
In 2014 contributions start for the coming twenty years. Expected in 2014 over € 40.000,- .

Summary annual figures 2013 (pdf)