The Foundation is a not for profit organization that receives no operational funding from any arts council or government agency. It has been self-sustaining through the support of its founders and the participant residents.

In the past the Foundation has accepted applications, principally from painters, for residencies of one month. Yet it has also hosted filmmakers, sculptors, writers, playwrights, installation artists, architects, printmakers, musicians and curators

As of 2006 the Foundation now operates on an invitation only basis focused on offering residencies of 60-120 days to international visual artists which culminate in exhibitions.

The Pouch Cove Foundation is housed in a converted elementary school building nestled between forest and sea on three acres of land.

There are six 750 square foot live/work studios located in the old classrooms which have fourteen foot ceilings and lots of light. Also on the upper floor are three bathrooms, laundry room and a fully equipped communal kitchen and dining room. The studios are furnished and equipped in addition the Foundation provides linens. The lower floor houses three galleries, the largest of which is 50x60x18 feet, work rooms and storage facilities.

The Foundation invites artists to participate in its residency program on an ongoing basis, attempting to organize an interesting mixture of diverse artists working toward solo or group exhibitions.

To invited residents, the Foundation provides a letter of invitation, which, upon acceptance, is formalized with a written agreement between the parties.

The Foundation is unable to provide a stipend or travel funding to any artist at this time.

Artists who would like to be considered for a residency at The Pouch Cove Foundation are welcome to send an expression of interest and information about their work to the Foundation Director.