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 Marjorie O'Malley, Vice President of Advancement at momalley@massart.edu 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."