Projects of the Klassik Stiftung Weimar are funded by the European Regional Development Fund (ERDF) and the Free State of Thuringia, represented by the State Chancellery of Thuringia, Department of Culture and the Arts.
The Klassik Stiftung Weimar was established on 1 January 2003 when the Stiftung Weimarer Klassik merged with the Weimar Art Collections.