CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that the Northern Trust Purchase Prize, an annual gift of artwork selected from EXPO CHICAGO, will be donated to the DePaul Art Museum at the fifth annual EXPO CHICAGO (Sept. 22 – 25, 2016) at Navy Pier’s Festival Hall.
As Presenting Sponsor of EXPO CHICAGO and a long-time supporter of arts and culture, Northern Trust will purchase a work of art to be added to the DePaul Art Museum’s permanent collection. Julie Rodrigues Widholm, Director and Chief Curator of the DePaul Art Museum, will be joined by Dia Weil, DePaul University Trustee, in selecting the artwork from one of the exhibiting EXPOSURE galleries at EXPO CHICAGO. The EXPOSURE section allows younger galleries a presence at a major international art fair, elevating the profile of an up-and-coming gallery and bolstering the career of an emerging artist. The selected artwork will be announced during a special unveiling at EXPO CHICAGO on Saturday, September 24.
“Northern Trust has a longstanding history of supporting arts and culture in the communities we serve,” said Mac MacLellan, Executive Vice President of Wealth Management at Northern Trust. “The Northern Trust Purchase Prize furthers our commitment to the arts by supporting an emerging gallery and the career of a newer artist while allowing the work to be enjoyed by patrons of the DePaul Art Museum for years to come.”
Named a “hidden gem” by Travel and Leisure magazine in 2015, DePaul Art Museum presents four-to-six original or touring exhibitions per year, and has a permanent collection of nearly 3,000 objects, with strengths in international modern and contemporary art.
“DePaul Art Museum is honored to be this year’s recipient of the Northern Trust Purchase Prize,” said Julie Rodrigues Widholm, Director and Chief Curator of the DePaul Art Museum. “This prize naturally aligns with our commitment to bring visibility to lesser-known artists. We are thrilled to support the work of international up-and-coming artists from emerging galleries.”
In previous years, the Northern Trust Purchase Prize was awarded to:
- 2015: JJ PEET’s Jaw X, displayed at On Stellar Rays Gallery, donated to The Arts Club of Chicago and chosen by Arts Club Executive Director Janine Mileaf and Chairman of the Board Helyn Goldenberg;
- 2014: Elise Ferguson’s Saree, displayed at Romer Young Gallery, chosen by a jury led by Michael Darling, James W. Alsdorf Chief Curator at the Museum of Contemporary Art, Chicago and placed in the permanent collection at Northern Trust;
- 2013: Jorinde Voigt’s Horizon (Berlin II), displayed at David Nolan Gallery and Corbett vs. Dempsey Gallery, donated to The Art Institute of Chicago and selected by Mark Pascale, Janet and Craig Duchossois Curator of Prints and Drawings.
EXPO CHICAGO is a leading international exposition of contemporary and modern art. Now in its fourth year as Presenting Sponsor, Northern Trust will host the return of “Exchange by Northern Trust: An Interactive Conversation Around the Art of Collecting.” Located in the Northern Trust Anchor Lounge, this series of private discussions tailored exclusively for invited VIP guests will provide insight and expertise on the art of collecting and feature internationally renowned speakers in the field of contemporary art.
About Northern Trust Wealth Management
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $234 billion in assets under management as of June 30, 2016, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, and affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2016, Northern Trust had assets under custody of US$6.4 trillion, and assets under management of US$906 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.
About DePaul Art Museum
With a strong commitment to Chicago-based artists and positioning Chicago as a global city, DePaul Art Museum is building an inclusive community around art and ideas that explore the vast range of human experience and expression. The museum extends DePaul University’s commitments to excellence, diversity and social concerns through exhibitions, collections and programming. DePaul Art Museum is located at 935 W. Fullerton Ave. on DePaul University’s Lincoln Park Campus, in a 15,000-square-foot, three-story LEED certified building. DePaul Art Museum has free admission. Visit http://museums.depaul.edu or follow on Facebook, Instagram, and Twitter at @DePaulArtMuseum.
About EXPO CHICAGO
EXPO CHICAGO/2016, The International Exposition of Contemporary and Modern Art, is presented by Art Expositions, LLC. Now in its fifth year as a leading international art fair, EXPO CHICAGO (Sept. 22 – 25, 2016) is a four-day art event featuring more than 145 leading international galleries and offering diverse programming including /Dialogues, IN/SITU, IN/SITU Outside, EXPO VIDEO and the Curatorial Forum. In addition, EXPO CHICAGO continues to publish THE SEEN, Chicago's International Journal of Contemporary & Modern Art, following the first printed edition, which launched during the 2015 exposition. Under the leadership of President and Director Tony Karman, EXPO CHICAGO draws upon the city’s rich history as a vibrant international cultural destination, while highlighting the region’s contemporary arts community and inspiring its collector base. Vernissage, the opening night preview benefiting the Museum of Contemporary Art Chicago, takes place Thursday, Sept 22, 6 – 9 p.m. General Admission to the exposition is Friday, Sept. 23 – Sunday, Sept. 25 (for hours please visit expochicago.com). Tickets to the exposition are $20 for one day, $30 for three days. Northern Trust is the Presenting Sponsor of EXPO CHICAGO. For more information about EXPO CHICAGO and EXPO ART WEEK (Monday Sept. 19 – Sunday Sept. 25), visit expochicago.com.