Share

Art Collector Sells A Lichtenstein For $165 Million To Fund Criminal Justice Reform

A caller stands in front of Masterpiece during a press preview of “Lichtenstein, a Retrospective” during a Tate Modern in London in 2013. The iconic portrayal was owned by Agnes Gund, who recently sole it to account a new rapist probity remodel fund.

Dan Kitwood/Getty Images


hide caption

toggle caption

Dan Kitwood/Getty Images

A caller stands in front of Masterpiece during a press preview of “Lichtenstein, a Retrospective” during a Tate Modern in London in 2013. The iconic portrayal was owned by Agnes Gund, who recently sole it to account a new rapist probity remodel fund.

Dan Kitwood/Getty Images

A remarkable art gourmet and humanitarian has sole a vital portrayal for an eye-popping $165 million to lift income for rapist probity reform.

Agnes Gund sole Roy Lichtenstein’s 1962 work Masterpiece, reportedly to billionaire sidestep account manager and art gourmet Steve Cohen. The sale apparently took place months ago; an art attention newsletter reported on a transaction in January, though Gund would not endorse it.

One Dot At A Time, Lichtenstein Made Art Pop

Colors, Comics And Cutouts: What Roy Lichtenstein Saw

On Monday, The New York Times reliable that a sale was real, observant that a portrayal becomes one of a 15 many costly pieces of art famous to have been sold. And a journal suggested that Gund sole a square “for a specific purpose: to emanate a account that supports rapist probity remodel and seeks to revoke mass bonds in a United States.”

Gund is propelling other rich art collectors to sell cherished pieces to support a effort, NPR’s Elizabeth Blair reports.

“Gund says $100 million from that sale will go to a new Art For Justice Fund, described as a ‘movement to finish mass incarceration,’ ” Elizabeth says. “Other collectors have also betrothed gifts of art or donations to a fund, that is being managed by Rockefeller Philanthropy Partners and a Ford Foundation.

Legal Scholar: Jim Crow Still Exists In America

A Man And An Amendment Are Re-Examined In 'The Birth Of A Nation' And '13th'

“According to a statement, a account will support efforts to cut a jail race and strengthen programs to assistance people when they leave prison,” Elizabeth reports.

The Times, that interviewed Gund, described what desirous a gourmet to start a initiative:

“Six of Ms. Gund’s 12 grandchildren are African-American, and she has disturbed about their destiny as they’ve matured, quite in light of shootings of black teenagers like Trayvon Martin in Florida.

” ‘I have always had an impassioned attraction to inequality,’ Ms. Gund said.

“She combined that she was also deeply influenced by Michelle Alexander’s 2010 book, ‘The New Jim Crow: Mass Incarceration in a Age of Colorblindness,’ and by Ava DuVernay’s 2016 documentary, ’13th,’ about African-Americans in a jail system.”

“The rapist probity complement in a stream state — quite in a diagnosis of people of tone — is astray and unjust,” Gund pronounced in a matter from a Ford Foundation.

The account will emanate grants to groups and people operative on issues of rapist probity reform.