The Princess Grace Foundation is a non-profit organization established in 1982 to honor the legacy of Princess Grace of Monaco, an American actress who became a princess. The foundation supports emerging artists in the fields of theater, dance, and film through grants and scholarships. Its mission is to promote the arts and help talented individuals achieve their creative goals. The foundation also organizes various events and programs to raise awareness and funds for its initiatives. It collaborates with numerous arts organizations and institutions, fostering a vibrant community of artists. Through its efforts, the foundation continues to celebrate the artistic spirit that Princess Grace embodied.