NEW FUND FOR NEW MUSEUM; DEUTSCHE BANK’S PERMANENT LOAN TO STäDEL
Lisa Phillips, the director of the New Museum in New York, announced today the formation of the Stuart Regen Visionaries Fund, established to support a new series of public lectures and presentations by cultural visionaries. Expected to begin in the spring of 2009, the series will focus on work in the fields of art, architecture, design, and related disciplines of contemporary culture, to promote the innovations shaping intellectual life and defining the future now. The Stuart Regen Visionaries Fund has been established with a major gift from Barbara Gladstone, in honor of her son.
Stuart Regen, who died ten years ago at the age of thirty-nine, was founder of the leading Los Angeles gallery Regen Projects and the first to champion and exhibit work by artists such as Lari Pittman, Charles Ray, Raymond Pettibon, Matthew Barney, and Catherine Opie. “Stuart was a close friend and colleague, who was widely respected for his forward vision and admired for his entrepreneurship,” commented Phillips. “This new program at the New Museum honors his legacy of risk taking and his unique talent, boundless curiosity, and passion for ideas.” Said Gladstone, “The purpose of the series is a reflection of Stuart’s interest in the quality and power of conversation, as well as his dedication to new ideas. It also addresses his longtime friendships with Lisa Phillips and Richard Flood.”
In other news, Deutsche Bank, Germany’s biggest bank, permanently loaned six hundred works by artists including Anselm Kiefer, Gerhard Richter, Joseph Beuys, and Sigmar Polke to Frankfurt’s Städel Museum, reports Bloomberg’s Catherine Hickley. Other artists whose works are included in the permanent loan are Georg Baselitz, Martin Kippenberger, Markus Lüpertz, Günther Förg, and Günther Uecker. The bank has one of the world’s biggest corporate art collections, with more than fifty-three thousand works. The loan comprises 370 graphic works, 161 works on paper, and sixty paintings and sculptures. “This trove from the Deutsche Bank collection allows the Städel to boost its stock of top-quality postwar art and live up to its task of showing visitors important developments in art history,” said Max Hollein, director of the museum. The loan to the Städel will eventually be exhibited in the museum’s planned extension, scheduled for completion by early 2011. Some of the works will be on public display at the Städel from October 2 to November 9.
