State delivery 1.5 million to Serralves to buy works of art – Jornal de Negócios – Portugal

The State will contribute 1.5 million euros to the fund for acquisition of works of art for the collection of the museum of contemporary art of the Serralves Foundation, to be up by the end of 2018.

in A directive published this Monday, the 9th of January, in Diário da República, the Government authorizes the allocation multiannual financial burden on the financing of this fund, which benefits cultural institution in the city, corresponding to 500 thousand euros per year for three years.

This contribution Fundo de Fomento Cultural (FFC) responds to the protocol signed on 6 December 2016 between the Ministry of Culture and the Serralves Foundation. The diploma signed by the responsible minister, Luís Filipe Castro Mendes, and by the secretary of State of the Budget, John Lion, provides that the charges in respect of the 2017 and 2018 ‘ will be satisfied by appropriate funding, entered or to be entered in the budget of the FFC.

Remembering that the State is one of the founders of Serralves, in this ordinance to the Executive justifies that “the relevance of the Museum’s collection implies to its permanent update through new acquisitions and their presentation to the public, through the holding of regular exhibitions, programs, roaming and the loan of some of his works to exhibitions in other museums, both national and foreign”.

In 2016, the budget of the Fundação de Serralves has increased to eight million euros, compared to € 7.5 million that had been budgeted in the previous year. compartição the State already weighs less than 40% of the total and the administrator, Ana Pine Macedo Silva, said a year ago that “it was good that the State could contribute more to the [its] activity because we can get further in what we want to do.”

The 30 of September of last year, the president of the Chamber of Porto, Rui Moreira, announced that the collection of works of Joan Miró from the former Banco Português de Negócios (BPN) will stay at the Casa de Serralves. In the inauguração of the exhibition “Joan Miró: the Materiality and Metamorphosis”, the prime minister, António Costa, has said that the collection of the Catalan artist showed that “the banks can go”, but cultural creation is timeless.