The Fund currently provides financing, facilities and administrative support for twenty-nine Louisville area arts groups and programs.
[citation needed] Other Fund sponsored activities include the annual Whittenberg Young Artist Scholarship.
[citation needed] Conceived of and directed by the Fund for the Arts, ArtSpace, the W.L.
For 35 years, the Fund for the Arts was headed by president and CEO, Allan Cowen, who retired in 2012.
Barbara Sexton Smith, was named president and CEO in April 2012 and announced her retirement as of June, 2014.