The Arts Council manage a small number of trust funds, scholarships and awards. These include the President Douglas Hyde award; W.J.B.Macaulay award; Denis Devlin award; Ciste Cholmcille; Marten Toonder award; Doris Keogh award; Michael Byrne award; Mary Farl Powers award; Margaret Arnold scholarship; Joan Denise Moriarty scholarship; John Broderick trust. They total just under EUR 1 million annually.
A number of artist residencies internationally are supported through fellowships such as Location One, New York; Banff Centre for Arts, Alberta. Local authority arts offices offer residency awards for artists to spend time at the Tyrone Guthrie Centre, a residential workspace for artists located in rural county Monaghan.