Rhythmic.fm
Home » Blog » INDUSTRY NEWS » The School Of The Art Institute Of Chicago Raises More Than $615,000
INDUSTRY NEWS

The School Of The Art Institute Of Chicago Raises More Than $615,000

Soundsuit, 2012 by Nick Cave (pictured) fetched the highest donation of $85,000 at Beautiful/Night, a benefit and art auction for the School of the Art Institute of Chicago. (PRNewsfoto/The School of the Art Institute)

The School Of The Art Institute Of Chicago Raises More Than $615,000 – At ‘Beautiful Night’ Auction And Benefit
Sales of Nick Cave, Sterling Ruby, and LaToya Ruby Frazier works contribute to the $50 million school endowment

Soundsuit, 2012 by Nick Cave (pictured) fetched the highest donation of $85,000 at Beautiful/Night, a benefit and art auction for the School of the Art Institute of Chicago.

The School of the Art Institute of Chicago (SAIC), a global leader in art and design education, raised more than $615,000 at its first faculty and student art auction and benefit. Proceeds from the auction contribute to Beautiful/Work: The Campaign for SAIC, an initiative to raise $50 million for increased scholarship opportunities, faculty support, and programming.

Highlights from the auction and benefit included:

Soundsuit, 2012 by Nick Cave fetched the highest donation of $85,000. New, young collectors purchased limited edition pins by fashion designer Maria Pinto, artists Diane Simpson, Phyllis Bramson, and more. Live auction action with Sotheby’s auctioneer Gary Metzner. Attendance by Chicago luminaries Maria Pinto, Holly Hunt, Anita and Prabhakant Sinha, and Stephanie and Bill Sick

“As we near the finish line of the $50 million Beautiful/Work fundraising campaign, we are so thankful for the generosity of alumni, the SAIC community, and donors whose contributions will support SAIC students and future generations of artists and designers,” said Elissa Tenny, SAIC’s president. “As our alumni and students know well, developing a voice as an artist takes the courage to pursue the questions that challenge our beliefs, seek perspectives different from our own, and innovate new ways of being that show humanity the way forward. The money raised tonight gives students the financial freedom to be bold, take risks, and just create.”

Other notable purchases included Untitled Anxious Drawing, 2017, a work by Rashid Johnson which was auctioned live at the event and fetched $17,000 and works by Sterling Ruby, Rashid Johnson, and LaToya Ruby Frazier. For those still looking to participate in this fundraising event, select works are available, and inquiries can be directed to SAIC via Janelle Beaird, [email protected]

Since the start of the public phase of the Beautiful/Work campaign, more than 75 percent of current and incoming students have received scholarship support, and for the fiscal year 2016–17, the School awarded a record number of scholarships totaling approximately $42 million. More than 1,800 individual donors have made contributions, and alumni have donated a record $11 million, a significant increase over alumni giving prior to the campaign.

To date, Beautiful/Work: The Campaign for SAIC has:

  • Established more than 30 new endowment scholarship funds that support undergraduate and graduate students, including eight merit scholarships that cover the full cost of tuition for graduate students.
  • Established seven faculty support endowments, including four full professorships, one directorship, and two part-time faculty awards.
  • Supported nearly 90 Chicago Public High School students through scholarships and financial assistance from the Walter and Shirley Massey Chicago Scholarship Fund, SAIC’s College Arts Access Program, and SAIC’s Bank of America Scholars program.
  • SAIC has 1,400 faculty and staff and more than 3,600 undergraduate and graduate students. Alumni have artwork in museum collections throughout the world; work in communities as organizers and advocates; have designed remarkable objects, images, and systems; and are scientists, scholars, mentors and cultural workers.

For the latest news on the campaign or to support Beautiful/Work: The Campaign for SAIC, visit campaign.saic.edu. Watch this video to learn more about the impact of giving. #SAIC, #SchoolOfTheArtInstitute, #SterlingRuby

Related posts

Eloise Saperstein Berkley, Daughter Of Globetrotters’ Founder Abe Saperstein, Passes Away At Age 81

admin

5 Free Secrets From Ben Oberg on How to Become a Millionaire Without a College Degree

admin

NAACP President Derrick Johnson Joins King Lecture Series for 'Continuing Black History: Where Do We Go From Here?'

admin

admin

Kamala Harris Joins the Nation’s Most Powerful Black Women at the BLACK ENTERPRISE Women of Power Summit

admin

It’s A Whole New Digital World: Click & Follow Service Crosses Over To Radio

admin

Leave a Reply

0 Shares
Share
Tweet
Pin
Share