"Souls Grown Deep Foundation, a nonprofit organization devoted to promoting work by African American artists from the American South, launched a Resale Royalty Award Program to compensate artists when their work is resold through the foundation’s Collection Transfer Program. The program, which applies to past as well as future transactions, includes sales at auction, in galleries, and to museums. It offers living artists 5% — the highest royalty threshold worldwide — of the proceeds from secondary market sales, at up to $85,000 annually per artist."
