The Lloyd Richards New Futures Residency is a year-long SDC Foundation program for mid-career directors and choreographers interested in institutional leadership and committed to illuminating Black cultural experiences on stage. The resident artist receives a $50,000 grant, is embedded with an artistic leader at a host theatre to learn the workings of artistic direction, and is guaranteed a production or workshop at that theatre on an SDC contract within three years. Selection is a two-round process in which finalists apply jointly with a host theatre; SDC membership is not required for applicants.