The Noewe Foundation was established in 2013 by art patron, collector and chairman of the Board of the Foundation Vilius Kavaliauskas and his wife Rita Kavaliauskienė with the aim of making the constantly growing collection of 1,500 pieces of artwork representing more than 300 artists available to the public.

The collection of the Foundation includes artwork of various media, starting with painting, sculpture, photography, graphics and also includes video works, installations and documented performances; it covers the period from the 20th century Lithuanian modernism to Lithuanian and international contemporary art.

By creating and initiating various modern and contemporary art projects and by contributing to them, the Noewe Foundation promotes interest in visual arts. The Foundation has already held several dozen exhibitions, published a number of art albums and monographs about artists. The Noewe Foundation has plans to establish its own exhibition spaces in the future, but for the time being, the Foundation cooperates with professional visual art institutions in Lithuania and abroad.