Agnes Gund Launches $100 Million Art For Justice Fund: A Movement To End Mass Incarceration

Agnes Gund Launches $100 Million Art For Justice Fund: A Movement To End Mass Incarceration

The new Art for Justice Fund — to be announced Monday at the Museum of Modern Art, where Ms. Gund is president emerita — will start with $100 million of the proceeds from the Lichtenstein (which was sold to the collector Steven A. Cohen through Acquavella Gallery).

Ms. Gund, together with the Ford Foundation as administrator of the fund, hopes that other collectors will also support the Art for Justice Fund, with a collective goal of raising another $100 million over the next five years. 

ArtNet Interviews New York Philanthropist Agnes Gund, Founder of Studio in a School

AGNES GUND AND SADIE RAIN HOPE-GUND BY ANNIE LEIBOVITZ FOR PIRELLI CALENDAR 2016.

ArtNet Interviews New York Philanthropist Agnes Gund, Founder of Studio in a School

The daughter of an Ohio banking magnate, Gund has expressed guilt that she was given so much more in birth than others. Her fervor for philanthropy saw her on the boards of some 20 charitable and cultural organization as of a few years ago.

Gund is especially proud of her project Studio in a School, the nonprofit program founded in 1977 to bring art lessons, taught by real working artists, to New York City’s public schools. Forty years later, Studio in a School has reached nearly one million children in New York alone, with 90 percent of its activities benefiting students from lower-income families.