The Pollock-Krasner Foundation was established in 1985 for the purpose of providing financial assistance to individual working artists of established ability. It was established at the bequest of Lee Krasner, who was an American abstract expressionist painter and the widow of fellow painter Jackson Pollock. Krasner left approximately $23 million in cash, securities and art to the foundation.
The foundation provides grants to artists internationally based on "recognizable artistic merit and demonstrable financial need". The foundation also gives out Lee Krasner Awards. These awards are based on the same criteria as grants but also recognize a lifetime of artistic achievement and are by nomination only. By 1988 the foundation had already granted over $1.5 million to about 300 "worthy artists who are in need".
The Pollock-Krasner Authentication Board, established by the Pollock-Krasner Foundation to examine and rule (for no charge) on disputed works, operated for six years (1990-1996) before dissolving after the completion of the Pollock catalogue raisonné. The board considered hundreds of previously unknown works but admitted only a handful. The foundation still receives legal challenges based on its inclusions and exclusions—a version of authentication in its own right.
- Ken Johnson (6 January 2006). "Art in Review; 'Dialogue: Lee Krasner and Jackson Pollock'". New York Times. Retrieved 23 May 2011.
- Douglas C. McGill (23 November 1987). "Found Art: Pollock's Floor". New York Times. Retrieved 23 May 2011.
- "Grant Guidelines". Pollock-Krasner Foundation. December 2010. Retrieved 23 May 2011.
- "Lee Krasner Awards". Pollock-Krasner Foundation. September 2010. Retrieved 23 May 2011.
- Graham Heathcote (1 May 1988). "London Gallery Purchases Explosive Pollocks". Oxnard Press-Courier. Retrieved 23 May 2011.
- Randy Kennedy (May 29, 2005), Is This a Real Jackson Pollock? New York Times.
- Cathleen McGuigan (August 15, 2007), Seeing Is Believing? Newsweek.