Established as a private cultural Foundation in 1988 by Enrique Loewe Lynch, a fourth-generation member of LOEWE’s founding family, today under the direction of his daughter Sheila Loewe, the Foundation continues to promote creativity, educational programmes and to safeguard heritage in the fields of poetry, dance, photography, art and craft. In 2002, the LOEWE FOUNDATION was awarded the Gold Medal for Merit in the Fine Arts, the highest honour granted by the Spanish Government. In accordance with LOEWE’s ambition to further safeguard its craft legacy of more than 170 years of history, the Foundation created in 2016 the ‘LOEWE FOUNDATION Craft Prize’, an annual international prize which celebrates excellence in craftsmanship. Craft artists who leave their individual imprint on their work dig into the quicksands of art and claim the chance of making trades flourish once again, recycling and not forgetting the past. The LOEWE FOUNDATION believes that the artistic vision describes the craft that will make a better future.