Comprehensive Campaign
Financial Summary| Financial Summary Updated as of Wed., September 05, 2012 |
Total Goal |
Raised as of June 4, 2012 | Percentage to Completion |
| Endowment | |||
| Scholarships and Financial Aid | $5,000,000 | $6,152,673 | 123% |
| Faculty Fellowships, Visiting Artists, and Staff Development | $2,000,000 | $1,056,086 | 53% |
| Center for Art & Community Partnerships | $1,000,000 | $308,558 | 31% |
| Endowment Total | $8,000,000 | $7,517,316 | 94% |
| Capital Projects | |||
| Bakalar & Paine Galleries | $16,100,000 | $4,300,544 | 27% |
| Private Fundraising | |||
| Design & Media Center | $30,000,000 | $30,000,000 | 100% |
| MA General Obligation Bonds | |||
| Campus Center | $11,700,000 | $11,700,000 | 100% |
| Tax-Exempt Revenue Bonds | |||
| Residence Hall | $61,400,000 | $61,400,000 | 100% |
| Tax-Exempt Revenue Bonds | |||
| Capital Projects Total | $119,200,000 | $107,400,544 | 90% |
| Annual Fund | |||
| FY2005-2009 | $8,400,000 | $8,400,000 | 100% |
| FY2010 | $1,500,000 | $1,474,989 | 98% |
| FY2011 | $1,500,000 | $1,686,053 | 112% |
| FY2012 | $2,00,000 | $2,128,820 | 106% |
| Annual Fund Total | $13,400,000 | $13,689,862 | 102% |
| GRAND TOTAL | $140,600,000 | $128,607,722 | 91% |
For more information and ways to get involved, contact Director of Major Gifts Denise Trapani at dtrapani@massart.edu or 617 879 7080.
Champion of Contemporary Art
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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."