EndowmentNo vision for the future would be complete without a strong endowment.
The endowment serves as the cornerstone of growth and stability, a barometer of progress and potential. While MassArt has made significant strides over the past decade increasing its total, we're still not where we need to be. This campaign will move us in the right direction, nearly doubling our endowment to more than $17 million.
This means additional funding for faculty fellowships so instructors like John Russell – an art history professor who won an award to complete his research on important archeological excavations in Syria – can explore their passions and apply what they discover in the classroom. It means growing our visiting artist program so we can draw more high-profile names to campus like Trenton Doyle Hancock, a master printmaker, who recently spent a week at MassArt working with our students. It means increasing support for the Center for Art & Community Partnerships, which connects students with local companies such as Merck Research Laboratories and nonprofits like the Boston Medical Center to tackle projects that make a positive contribution to our neighborhood and beyond. And it means additional dollars for scholarships and financial aid, so we can continue to attract the most talented students from around the country.
Some people look at the size of a school's endowment as a sign of its prestige, its quality, or perhaps the success of its alumni. But that doesn't work with MassArt. Yes, we've been around since 1873. And yes, we're now considered one of the top art and design programs in the country, with alumni making an immeasurable difference around the world. But our endowment is still in its infancy with a lot of room to grow. That's why we need your help. We have an opportunity to build on the momentum created by college leadership, who have helped triple the endowment in the past eight years. It's now time to raise it to a level that better reflects the exceptional quality of our academic programs and opens up exciting new opportunities for growth and prosperity. With your support, we will.
For more information and ways to get involved, contact Marjorie O'Malley, Vice President of Advancement at email@example.com or 617 879 7045.
Champion of Contemporary Art
Clare Villari says she didn't truly appreciate art until she was an adult. And it didn't happen while she was visiting a museum or gallery or art studio. It happened at a business office–specifically, the global investment firm where she worked as a partner and senior vice president for nearly 20 years. That's because the firm's founders believed so strongly in the power of art, that they built an extraordinary American contemporary art collection, placed pieces in every office, conference room, and work area, and encouraged employees to learn about the works.
"The art collection had an intangible yet significant impact on our work environment and the firm's culture," says Villari, a MassArt Foundation board member. "I truly believe the art helped broaden our minds to creative business solutions and promote collegiality and respect."
Villari now hopes to broaden access to contemporary art in the Boston community through MassArt. Along with supporting the art auction and annual fund each year, she recently made a significant commitment to the Bakalar & Paine Galleries renovation project.
"This is the next logical step in the continuing evolution of the college to keep itself at the leading edge of art and design and to remain an affordable and accessible cultural resource for our community. It's time to bring the galleries to their full potential, and I'm thrilled to participate in this exciting effort."