K Foundation - Moratorium

Moratorium

Drummond and Cauty announced a moratorium on K Foundation activities in the obscure "Workshop For A Non-Linear Architecture" bulletin of November 1995. The duo had signed a "contract", agreeing to wind up the K Foundation and not to speak about the money burning for a period of 23 years. The document was signed on the bonnet of a rented car which, they claim, they then pushed over the cliffs at Cape Wrath. This was followed on 8 December 1995 by an advertisement in The Guardian:

On 5 November 1995, Jimmy Cauty and Bill Drummond signed a contract with the rest of the world agreeing to end the K Foundation for a period of 23 years.

This postponement provides opportunity of sufficient length for an accurate and appropriately executed response to their 'burning of a million quid'. The K Foundation's fate now lies irrevocably sealed in the imploded remains of a Nissan Bluebird nestling among the rocks 600 feet below Cape Wrath, Scotland.

In November 1995, the BBC aired an edition of the Omnibus documentary series about The K Foundation entitled "A Foundation Course in Art".

The final act of the K Foundation was distributing a van load of Tennent's Super - a high-alcohol-content lager - to London's street drinkers on Christmas Day 1995. However, the Foundation discovered that their choice of location for this endeavour — near Waterloo Station on the South Bank — was unusually devoid of homeless people, many of whom were in homeless shelters for the day. "That was a pity", said Jimmy Cauty. "If you are down-and-out, would you rather have a bowl of soup or a can of Tennent's?" The Sunday Times later called the scheme "ethically dubious".

Drummond and Cauty would next work together in 1997, when they attempted to "Fuck the Millennium" as 2K (music) and K2 Plant Hire (conceptual art).

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