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Originally Posted by bnk
http://www.wsj.com/articles/art-inst...art-1429675261
Art Institute of Chicago Gets $500 Million Gift of Art
Museum to receive trove that includes artwork by Warhol and Johns
A $500 Million Gift of Art for the Art Institute of Chicago In one of the most significant gifts in the history of the Art Institute of Chicago, ...
Kelly.Crow@wsj.comApril 22, 2015 12:01 a.m. ET
In one of the most significant gifts in the history of the Art Institute of Chicago, retired plastics manufacturer Stefan Edlis and his wife, Gael Neeson, have promised to give the museum a group of 42 Pop and contemporary artworks valued at roughly $500 million combined.
The trove includes nine silk-screens by Andy Warhol; a trio of Jasper Johns paintings; a pair of paintings by Roy Lichtenstein; a quartet of Gerhard Richter paintings and an early sculpture and painting by Cy Twombly. The gift ranks among the museum’s largest in its 136-year history and puts its contemporary holdings on par with its signature collection of Impressionist masterpieces.
The gift was approved by the Art Institute’s board at a meeting on Tuesday.
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Additionally:
http://art.newcity.com/2015/04/28/ne...te-of-chicago/
News: Irving Stenn Jr. Gifts Personal Collection of 105 Drawings to Art Institute of Chicago
The Art Institute of Chicago (AIC) recently announced collector Irving Stenn Jr.’s gift of 105 pivotal contemporary drawings by renowned artists. Considered to be one of the most significant contributions of drawings to have ever been given to the museum, the encompassing and vast body of work heavily focuses on works from the 1960s, to which Stenn was keenly attracted. The gifts were exhibited a couple years ago at AIC but will now be part of their permanent collection, put on display on occasion when their inclusion is appropriate to the exhibitions.