Fomento Cultural Banamex A.C. is a non-profit organization whose mission is to promote investment in cultural development, as well as preserving and disseminating Mexican culture. In 1996, Fomento Cultural Banamex A.C. created its Program of Support for Folk Art to preserve the rich heritage of Mexican folk art. The organization works with 181 artists and benefits around 1800 families. Their goal is to diversify and improve income sources in rural, indigenous communities, promote sustainability with producers, and revitalize market interest in traditional folk art. They aim to strengthen, “…the identity of its creators, and above all, a sense of pride in themselves and their extraordinary work.” They say, folk art has a “fundamental role in expressing community identity and is an invaluable key to understanding Mexico´s complex, plural self…”
Fomento Cultural Banamex works to preserve traditional techniques by supporting the promotion of the artists’ work, curating collections, organizing workshops, and helping artists participate in national and international markets. Artists involved work in a wide variety of mediums and materials that reflect their different cultural influences. These include silver filigree jewelry, seed bead necklaces, huipiles, tablecloths and other textiles, wooden toys, ceramics, and carrizo or reed sculptures.
They have published multiple books on folk art including, Great Masters of Mexican Folk Art and Great Masters of Folk Art: Iberoamerica.