The Richard Thomas Foundation was established in 2009. The aim of the Foundation is to “foster and promote the advancement and improvement of general education in all aspects of contemporary art and the development of public appreciation of such art, in particular but not exclusively by enabling performances of new contemporary art to be brought to a wider public”.
The Foundation started by supporting a series of contemporary classical music concerts at the Louise Blouin Foundation in West London, from which evolved the current policy of commissioning work.
The Foundation has supported a number of works of innovative contemporary art, with a particular focus on promoting interdisciplinary performance art. So far the Foundation has commissioned various pieces from contemporary classical composers; provided support to recordings and other commissions; and provided more general support to the Rambert Dance Company, the London Sinfonietta, the Southbank Centre, and the Manchester International Festival.
The Foundation is the sole shareholder of the record company Junk Ibu Limited.