A weekly update of art world news.
French Billionaires Formalize Pledge to Restore Notre-Dame
Next week, luxury goods tycoon François Pinault will finalize his €100 million deal with the Catholic charity to restore the Notre-Dame Cathedral. Additionally, the French billionaire behind LVMH has formalized his €200 million pledge to help rebuild the historic landmark. The donations will be spread out over several years and the donors will sit on a committee to monitor the restoration. To date, the church has received over €380 million of the nearly €850 million promised after the cathedral caught fire this past April. 46,000 individuals, 60 companies, and 29 French and foreign public authorities have made donations to the restoration.
Read the full story (Les Journal Arts)
MacArthur ‘Genius’ Grant Winners for 2019 Announced
Awarded annually by the John D. and Catherine T. MacArthur Foundation for “extraordinary originality and dedication,” the MacArthur fellowships are among the most prestigious awards. The fellowships come with an unrestricted grant of $625,000, distributed over five years. This year, artists Mel Chin, Jeffrey Gibson, Walter Hood, and Cameron Rowland are among the recipients.
Read the full list (New York Times)
BRIC Launches Prize for Under Recognized New York Artists
The Brooklyn-based arts organization, BRIC, has established the $100,000 Colene Brown Art Prize for the advancement of New York-based artists. The prize is underwritten by BRIC board member and Storefront founder Deborah Brown, in memory of her late mother. The unrestricted grant will be divided between ten creatives for a total of $10,000 each. Artists who have yet to receive institutional support have been nominated by curators, critics, and artists working in New York City. A selection committee comprised of BRIC staff members will choose the final recipients and will announce the winners on October 1.
Read the full story (Artforum)