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Monday, April 23, 2012


We welcome gallery’s new beginning


By The Daily Gleaner

Editorial

23 Apr 2012 08:24AM

Fredericton’s and New Brunswick’s shining art star took a deep breath and embarked on what promises to be a fine future last week.

The Beaverbrook Art Gallery announced a new partnership with the National Bank that Beaverbrook Campaign manager Nancy Coy calls more significant than a simple donation.

We see it as a new life that raises the horizons for what has long been described as one of this city’s greatest assets.

In late 2011, Beaverbrook Art Gallery CEO Bernard Riordon said there isn’t a city in Canada of Fredericton’s size that houses the art treasures in the Beaverbrook collection. That, of course, is the envy of many communities.

When Lord Beaverbrook built the art gallery in 1958, he also dressed its walls with the best of art from his private collection, and through the Canada Beaverbrook and U.K. Beaverbrook foundations, the facility was gifted with $200,000 annually to support operating costs.

That funding ended abruptly in 2003 with the widely publicized bitter court fight between Lord Beaverbrook’s heirs and the gallery.

That squabble threw the whole future of the Beaverbrook Art Gallery into uncertainty.

Nonetheless, that challenge is behind the leaders at the gallery, and the first move in a new direction took place in November with the announcement of a $25-million capital campaign to provide an endowment fund from which the gallery can draw interest to fund operations and programs and $15 million for expansion.

Last week, the announcement concerning the partnership with the National Bank brought even more good news.

Everyone can be most satisfied with the largess of the National Bank, which will provide a two-pronged base that includes funding to continue the Beaverbrook’s Drinks with Dali program, which provides an introduction and tour of the gallery, as well as a $50,000 donation to the Beaverbrook’s Capital Campaign.

“It’s a very significant commitment for us because it helps the gallery both in its regular operating and also for the future with the capital campaign,” Ms. Coy said.

“This doesn’t happen with everyone. We have very good support from many of the financial institutions, but this two-level partnership we have here is a very interesting one.”

National Bank president Louis Vachon said the support reflects the bank’s commitment to supporting Canadian artists and recognizing the contribution of art to society.

Joan Beauchamp, the bank’s senior advisor for public affairs, said the partnership also presents a couple of advantages for the bank.

“Its part of our community outreach program, and it’s also part of business development for us,” she said.

We’re as excited about this turn of events for the gallery as anyone. It’s one of the major blessings many hoped for — but didn’t expect — after recent conflicts.

We hope other corporations and organizations will open their wallets as the National Bank has done.

It’s a great day for Fredericton and New Brunswick — a day when we look toward the future with Gainsborough, Dali, Turner and so many others safely ensconced where Lord Beaverbrook wanted them over 50 years ago.

Congratulations to all who worked to achieve this pioneering partnership.

http://www.telegraphjournal.com/tjonline/thedailygleanerfrederictonopinion/10086651-266/beaverbrook-gallery-art-bank.html.csp


 

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