Press RoomPhoenix Art Museum receives $4 million grant from Virginia G. Piper Charitable Trust
Phoenix Art Museum receives $4 million grant from Virginia G. Piper Charitable Trust
Sep, 30, 2021
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Phoenix Art Museum receives $4 million grant from Virginia G. Piper Charitable Trust
Museum is named one of 71 Maricopa County nonprofits to benefit from Piper Trust’s “Now is the Moment” Grants Commemoration—the largest single-day grant initiative in Arizona’s history
PHOENIX (September 30, 2021) – Phoenix Art Museum has been named one of 71 nonprofits throughout Maricopa County to receive funding from Virginia G. Piper Charitable Trust’s “Now is the Moment” Grants Commemoration, a single-day investment of $123 million in Maricopa County’s nonprofit community. On September 13, 2021, the Museum received an unanticipated $4 million grant from Piper Trust, which represents the largest grant the Museum has ever received from the Trust and one of the largest single grants the Museum has received in its 60-year history from any philanthropic organization or grantmaking body. The funding, which was presented as a surprise award, will be used to support the Museum’s general operations as the institution continues to rebuild following an unprecedented seven-month closure necessitated by the COVID-19 pandemic and the resulting economic impact.
“We are deeply grateful for the outstanding generosity of Virginia G. Piper Charitable Trust,” said Mark Koenig, the Interim Sybil Harrington Director and CEO of Phoenix Art Museum. “For more than two decades, Piper Trust has provided significant ongoing support to Phoenix Art Museum, grants that have benefitted everything from exhibitions and education programs to the Museum’s bilingual website and general operating support. This latest gift—the largest the Museum has received in the history of our institutions’ long partnership—further cements Piper Trust’s resolute commitment to the arts in our region and provides truly transformative support for the Museum following the single most challenging year in our 60-year history.”
Despite a tumultuous year due to the global health crisis caused by COVID-19 and economic uncertainty across all sectors, many individuals and institutions with large investments in the stock market experienced extraordinary growth in the value of their holdings, including Virginia G. Piper Charitable Trust, whose endowment grew by $123 million in the 15 months following the start of the pandemic. With these opposing forces at work, and as stewards of the mission of the Trust’s founder, Virginia Galvin Piper, Piper Trustees felt compelled to share all of the organization’s earnings with the community in one swift action. On September 13, 2021, Piper Trust launched the $123-million “Now is the Moment” Grants Commemoration—the largest single-day grant initiative in Arizona’s history—and named 71 organizations across Maricopa County, including Phoenix Art Museum, as recipients of transformative individual grants of varying amounts. Most grants were awarded as unrestricted support, providing grantees with full discretion and flexibility to use the funds as necessary for their respective organizations.
“We are truly honored to be a recipient of this $4 million grant from Virginia G. Piper Charitable Trust, one of the largest one-time grants the Museum has received from any organization in its history,” said Mark Feldman, chair of the Board of Trustees of Phoenix Art Museum. “This grant means so much to not only Phoenix Art Museum but to the community we serve. We are deeply grateful to be able to use this funding to support important operations and ensure that our doors stay open for generations to come, and we extend our congratulations to the 70 other recipients who are also benefitting from Piper Trust’s unparalleled generosity. Arts and cultural organizations, as well as so many others across the nonprofit sector, have been fundamentally impacted by the COVID-19 pandemic, and this grant commemoration provides much-needed relief for us all.”
This recent grant of $4 million awarded on September 13, 2021 will further support general operations at Phoenix Art Museum, along with opportunities for innovation that will better enable the Museum to serve its communities.
“Phoenix Art Museum is a treasured cultural destination in our community,” said Mary Jane Rynd, president and CEO of Virginia G. Piper Charitable Trust. “The Museum continually shows us unique ways of public engagement, such as The Violet Protest—a collaborative project that illustrates how art can bring people together and foster positive actions especially during challenging times,” said Rynd.
For more information on this recent grant awarded by Virginia G. Piper Charitable Trust and Phoenix Art Museum, contact the Museum’s Communications Office at samantha.andreacchi@phxart.org or 602.257.2105.
About Phoenix Art Museum
Since 1959, Phoenix Art Museum has provided millions of guests with access to world-class art and experiences in an effort to ignite imaginations, create meaningful connections, and serve as a brave space for all people who wish to experience the transformative power of art. Located in Phoenix’s Central Corridor, the Museum is a vibrant destination for the visual arts and the largest art museum in the southwestern United States. Each year, more than 300,000 guests engage with critically acclaimed national and international exhibitions and the Museum’s collection of more than 20,000 works of American and Western American, Asian, European, Latin American, modern and contemporary art, and fashion design. The Museum also presents a comprehensive film program, live performances, and educational programs designed for visitors of all ages, along with vibrant photography exhibitions made possible through the Museum’s landmark partnership with the Center for Creative Photography, University of Arizona. To learn more about Phoenix Art Museum, visit phxart.org, or call 602.257.1880.
About the Virginia G. Piper Charitable Trust
The Virginia G. Piper Charitable Trust supports organizations that enrich health, well-being, and opportunity for the people of Maricopa County, Arizona. Since it began awarding grants in 2000, Piper Trust has invested more than $644 million in local nonprofits and programs. Piper Trust grantmaking areas are healthcare and medical research, children, older adults, arts and culture, education, and religious organizations. For more information, visit pipertrust.org.