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World Art - by Craig Hill



Sydney artist promises $16m

October 20th 2006 22:45
A leading Sydney artist, James Gleeson, is set to pledge $16 million to the Art Gallery of New South Wales in the largest individual fund ever established for the gallery.

In the first stage of the endowment, the painter, now in his 90s, is providing $6 million to buy works of Australian art for the gallery's collection.

Gallery director Edmund Capon says he is thrilled to have the donation from such a highly respected artist.

"Here you have an artist living and working in Sydney, and is creating a very, very substantial endowment for the gallery," he said.

"I think [it] is an absolute declaration of belief and commitment by a peer of the Art Gallery of New South Wales and its present status and its future status."
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