The objective of the Dramatic Art Endowment is the development, recording and preservation of Estonian professional dramatic art.
For that purpose, the Endowment supports:
·       experimental creative projects and productions;
·       Estonian Theatre Union publishing and social activity, professional associations;
·       awarding of Estonian Theatre Annual Prizes;
·       professional development, including visiting theatres, participating in projects or productions and travel related to research work;
·       participation of Estonian theatres in festivals abroad;
·       festivals, including primarily drama festivals Draama, Baltoscandal, Treff, Talveöö unenägu and SAAL Biennaal;
·       organisation of master classes, residency, conferences etc. in Estonia;
·       studies abroad – master`s studies of the best Estonian theatre and dance specialties` students;
·       co-financing of inviting visiting producers, artists, choreographers;
·       development of Estonian drama literature and financing playwriting competitions;
·       literary activity related to the introduction of Estonian theatre;
·       creative people that have proved themselves in Estonian theatre;
·       projects that promote performing art, productions that combine various types of art etc.;
·       recording and preservation of dramatic art.
 
The Dramatic Art Endowment awards grants and benefits and gives awards. The Endowment does not award medicinal products and funeral benefits.

There are following benefits:

*The project benefit which objective is to support activities and events that promote, introduce, popularise or record dramatic art. Applications can be submitted four times a year.

* The activity benefit is intended to support professional and artistic associations involved in the area.

* The creator`s salary is to enable a creative individual to dedicate themselves to a specific creative activity or task aimed at creating a work protected by copyright or related rights, to receive reasonable compensation for this work, and to cover the taxes prescribed by law. The creator’s salary can be applied for by natural persons for themselves.

* The life`s work benefit is intended to support distinguished and meritorious people in the area of dramatic art. One-time and regular life`s work benefits are awarded. Regular life`s work benefits are awarded at the initiative of the Endowment and one-time life`s work benefits can be applied for four times a year.

*The jubilee benefit with which the Endowment acknowledges outstanding individuals in dramatic art to celebrate their jubilee. Proposals regarding the award of jubilee benefits, which amount is up to 1,000 euros, can be submitted to the Endowment four times a year.

The Dramatic Art Endowment supports professional activity, development of abilities and self-improvement (lifelong learning) of creative people (including producers, artists, dramatists, choreographers, dancers, theatre researchers etc.) by awarding grants.

· The creative grant and the creative grant for young

Creative grants can be applied for by individuals for themselves. The amount of the creative grant is up to 5,000 euros per year and the amount of the creative grant for young is up to 400 euros.

· The professional grant
The aim of the grant is to support dedication to professional development or activity. The endowment supports actively working creatives, researchers, critics, educators, and other field professionals who promote international cooperation.  The amount of the grant is up to 3,000 euros.

· The study grant for studying in a higher school abroad

The Endowment awards study grants for master`s studies in higher schools abroad for the purpose of obtaining professional education.  The amount of the study grant is up to 10,000 euros per academic year.

· The purpose of the travel grant is to enable creative development, lifelong education and inspiring experience of people actively involved in theatre and dance. 

· The Endowment`s annual awards
The purpose of the Estonian Theatre Annual Prizes is social recognition and drawing public attention to Estonian dramatic art and its creators. The Endowment awards Estonian Theatre Annual Prizes and named prizes and their amount is determined by the Dramatic Art Endowment upon the application of the Estonian Theatre Union. The annual and named prizes are paid out to physical or legal persons based on the decisions made by the juries chosen by the Estonian Theatre Union. The prize-winners are acknowledged on 27 March at an event organised to celebrate the World Theatre Day or at some other time specified by the statutes of the annual or named prize.  

· Grand Prize – Annual Award in the Field of Performing Arts

To recognize outstanding contributions and those who contribute to the development of the field, the endowment allocates one grand prize each year. The amount of the grand prize is 10,000 euros.

· The life`s work award

The purpose of the life`s work award is to acknowledge long-term activity and contribution to the development of the area with 15,000 euros.

· The acknowledgement award

The Endowment awards acknowledgement awards up to four times a year. The size of the award is up to 3000 euros.