Showing posts with label 100000. Show all posts
Showing posts with label 100000. Show all posts

Thursday, December 16, 2010

American Express Gives $100,000 to Help Ellis Island Group

December 15, 2010, 5:00 pm

On the brink of extinction last spring, the nonprofit organization charged with restoring Ellis Island will benefit from a $100,000 gift from American Express, the credit card company is to announce on Thursday.

“It’s an enormous boost,” said Judith R. McAlpin, the president of the organization, Save Ellis Island. “American Express has long been associated with the very best in historic preservation. It’s like the Good Housekeeping seal of approval.”

The donation, the company said, was prompted by an article in The New York Times about how Save Ellis Island was struggling to continue the restoration of 29 buildings on the 27.5 acre historic immigrant gateway to America. “We’re trying to help them help themselves so they’re able to raise more money not just for the restoration of the buildings — they need general operating support,” Timothy J. McClimon, president of the American Express Foundation, said. “People are in love with the buildings, they’re passionate about the buildings — that’s kind of the easy money. But how do you sustain yourself as an organization?”

What Save Ellis Island needs most, Mr. McClimon said, is to build its fund-raising capacity by strengthening its board and development staff. As a result, American Express will make its donation through the National Trust for Historic Preservation, which will provide expertise. The trust included Ellis Island on its list of America’s 11 Most Endangered Historic Places twice in the 1990s.

Mr. McClimon left open the possibility that American Express might contribute more in the future. “We’re very positive about Save Ellis Island,” he said. “We think they have great potential.”

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Saturday, December 11, 2010

Brazilian Artist Wins New $100,000 Prize

December 10, 2010, 4:13 pm

Cinthia Marcelle, a Brazilian artist who makes films, photographs and installations, is the winner of the first Future Generation Art Prize, it was announced in an award ceremony in Kiev, Ukraine, on Friday.

The new biannual $100,000 award is given to an artist 35 or younger by the Victor Pinchuk Foundation, a nonprofit organization founded in 2006 by its namesake, the Ukrainian billionaire and art collector. Ms. Marcelle, who was 35 when she applied for the prize and has since turned 36, submitted three films that are on view, along with submissions of the 20 other finalists, at the Pinchuk Art Center in Kiev through Jan. 9. Her work uses repetition as an artistic tool, becoming like abstract manifestos “as political as they are economic, reflecting subversively on social behavior and social structures,’’ the catalog said.

“When I first saw her work I thought it is so smart and so beautiful I would like to acquire it,” Mr. Pinchuk said. “And as I’m establishing a tradition of buying the winner’s work I am glad the jury agreed. For me it is the most beautiful and the strongest.”

Unlike most prizes the award comes with strings. To ensure that the winner will keep working, $40,000 of the $100,000 must go into the production of art. And also unlike many prizes, it is considered particularly democratic. Anyone can be considered as long as they apply online. When the prize was announced a year ago it attracted more than 6,000 applicants from 125 countries on six continents.

The winner was chosen from a jury of arts professionals and artists who included Robert Storr, dean of the Yale University School of Art and director of the 2007 Venice Bienniale; Daniel Birnbaum, director of the St?delschule Art Academy in Frankfurt and director of the 2009 Venice Biennale; and Ai Weiwei, the Chinese artist.

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