Oliver Tree’s family establishes a foundation intended to return money to artists, following wishes he expressed shortly before his death. In interviews conducted before he died, Tree said he wanted “all the money” to go back to artists and that he set up a foundation to carry out that goal. Multiple outlets report that the foundation is designed to provide grants for young artists, aligning with Tree’s stated intention that the funds support new creative talent. The coverage characterizes the foundation as part of fulfilling his final wishes rather than as a new initiative unrelated to his plans. While details such as grant size, application procedures, and launch timeline are not included in the provided excerpts, both reports agree on the core purpose: using resources associated with Tree’s estate or his previously created foundation structure to fund artists at the start of their careers.