Updates
Next Venturous Capital Grants deadline:
June 2, 2025
LOI submissions open on May 1.
LOI submissions open on May 1.
Important Note: We acknowledge receipt of all LOIs. If you do not hear from us within two business days following the LOI deadline date, please contact us by email or using the form below to make sure your LOI has been received. Otherwise, your LOI will not be considered.
The goal of our Venturous Capital Grants program is to support writers of bold, experimental, and/or large-scale new plays by giving theaters the ability to say “yes” instead of “no” to writer-driven projects that are unusually heavy lifts, i.e., that are perceived as especially challenging. While we do not fund routine production costs, we offer grants to support specific extraordinary costs that might otherwise make venturous plays difficult or impossible to produce.
We make grants to small and medium-sized not-for-profit theater companies to support productions of text-based, author-driven new plays that are
In short, new plays that are venturous.
These grants do NOT fund the following genres/processes:
Important note: We do not support non-AEA productions under any circumstances. These grants do not support projects produced on any of the AEA showcase codes.
These grants to NOT fund routine production expenses. Our support is limited to extraordinary costs for productions that are especially challenging to mount. See below for examples of specific costs these grants do and do not fund.
Support is limited to productions at small- and medium-sized theaters with annual budgets of under $5 million.
Theaters must be professional, independent producing organizations located within the U.S. that produce plays on Actors’ Equity Association contracts. They must be not-for-profit 501 (c) 3 organizations or be fiscally sponsored by a 501 (c) 3 organization.
We support co-productions. However, all involved producing organizations, producing partners, and above-the-title entities must meet the criteria described above in order for a project to be eligible for support.
We do not make grants to individual writers or non-producing organizations under this program.
Please see above for info about genres/processes we do NOT fund.
Our grants cover extraordinary integral expenses necessary for the production of a new play—specific expenses without which the play could not be produced. We do not support routine production expenses (see below) or enhanced production values or costs associated with specific production styles.
The expenses we fund must be:
These grants are intended to remove perceived obstacles to production by underwriting unusual expenses. Eligible extraordinary expenses typically include:
Specific examples of supported costs from successful past applications:
Because these grants are intended for extraordinary costs, we do NOT fund routine production expenses.
Also, we do NOT fund enhanced production values, i.e., expenses that enable the theater to stage the play at a higher level.
Examples of specific expenses we do NOT fund:
$5,000 – $35,000
Note: Grants of $30,000 and above are awarded only in extraordinary circumstances. Grant amounts are based on the specific extraordinary expenses described in your application. They are production-specific and are NOT related to any previous support. In general, smaller and more specific requests are more likely to be funded at 100%.
Our selection committee is composed of independent theater professionals including playwrights, directors, producers, and dramaturgs, along with VTF staff members. The committee rotates with each grant cycle.
Any eligible theater may submit a Letter of Inquiry (LOI). We will invite selected companies to submit full applications from the pool of LOIs under consideration. We do not accept unsolicited applications.
For projects selected to submit a full application, the theater will submit a playscript for review by our selection committee for that grant round. The script may be in draft or final form. However, we cannot consider LOIs for plays that have not yet been written.
We welcome any eligible theater to submit an LOI that describes the proposed project and the specific expenses a grant would cover.
We accept LOIs twice a year. Upcoming deadlines:
Additional Information:
The LOI is in two parts: a cover sheet and a brief narrative.
Download and complete our current LOI Cover Sheet by clicking the button below.
Please write us a brief letter of NO MORE THAN ONE PAGE addressing these questions:
If possible, combine your cover sheet and narrative into a single pdf file. Please label the file with your organization’s name. Send the pdf to us via email at this address: info@VenturousTheaterFund.org.
We acknowledge receipt of all LOIs. If you do not hear from us within 2-3 business days following the LOI deadline date, please contact us to make sure your LOI has arrived. Otherwise, your LOI will not be considered.
We usually notify theaters within 2-3 weeks of the deadline whether their LOIs will be considered for full application.
We do not accept unsolicited applications. Please see above for information regarding Letters of Inquiry.
After our selection committee reviews the LOIs, we will invite approximately 8 to 12 selected companies to submit a full application, including a playscript and a budget enumerating the specific costs which the proposed grant will cover.
Our grant selection process is competitive. We generally fund 50% to 75% of those projects invited to submit full applications. Our selection committee members base their funding determinations in part on their responses to the playscripts. They also assess how closely each application matches our selection criteria and parameters, as articulated above.
Final funding decisions will be made within 2-2.5 months of the LOI deadline date.
We authorize disbursement of Venturous Capital Grant funds once the production has been publicly announced, but no earlier than 3 months before the first performance.
All grants are made through VTF’s donor-advised fund and are subject to approval by the Tides Foundation.
For questions, please contact us.