The Manchester Contemporary Art Fund was founded in 2017 by Thom Hetherington, and its members are made up of local businesspeople and entrepreneurs who are passionate about their city and its cultural heritage. The TMC art fund seeks to support rising artists, providing them with a platform through which to achieve critical acclaim and greater popularity.
Since its creation, the fund has raised over £86,000 and gifted 38 pieces of work, acquired from galleries at The Manchester Contemporary art fair, to Manchester Art Gallery to be kept in their permanent collection, owned and enjoyed the people of Manchester in perpetuity.