Enlarge this imageA customer stands in front of Masterpiece during a push preview of “Lichtenstein, a Retrospective” at the Tate Fashionable in London https://www.jazzedges.com/Jeff-Green-Jersey in 2013. The enduring painting was owned by Agnes Gund, who not too long ago marketed it to fund a whole new criminal justice reform fund.Dan Kitwood/Getty Imageshide captiontoggle captionDan Kitwood/Getty ImagesA visitor stands before Masterpiece during a pre s preview of “Lichtenstein, a Retrospective” at the Tate Modern-day in London in 2013. The iconic painting was owned by Agnes Gund, who a short while ago offered it to fund a completely new criminal justice reform fund.Dan Kitwood/Getty ImagesA observed artwork collector and philanthropist has bought an important painting for an eye-popping $165 million to lift money for criminal justice reform. Agnes Gund marketed Roy Lichtenstein’s 1962 do the job Masterpiece, reportedly to billionaire hedge fund manager and art collector Steve Cohen. The sale seemingly happened months in the past; an art sector publication claimed about the transaction in January, but Gund wouldn’t affirm it.Great ArtOne Dot At a Time, Lichtenstein Built Artwork PopThe Photo ShowColors, Comics And Cutouts: What Roy Lichtenstein Saw On Monday, The brand new York Instances confirmed that the sale was actual, noting that the painting gets to be one on the 15 most costly items of artwork acknowledged to get been bought. And the newspaper uncovered that Gund bought the piece ” Pete Maravich Jersey for a specific purpose: to produce a fund that supports criminal justice reform and seeks to scale back ma s incarceration inside the United states.” Gund is urging other rich artwork collectors to offer prized pieces to help the trouble, NPR’s Elizabeth Blair experiences. “Gund states $100 million from that sale will go to the new Artwork For Justice Fund, explained being a ‘movement to finish ma s incarceration,’ ” Elizabeth says. “Other collectors have also promised gifts of art or donations to the fund, that’s getting managed by Rockefeller Philanthropy Partners and also the Ford Foundation.NPR Textbooks Legal Scholar: Jim Crow However Exists In AmericaMovie Testimonials A person And An Modification Are Re-Examined In ‘The Start Of the Nation’ And ’13th’ ’13th’ Maps The Highway From Slavery To Ma s Incarceration Oct. 21, 2016 “According to your statement, the fund will support efforts to cut the prison populace and bolster programs to help you individuals after they depart prison,” Elizabeth studies. The Moments, which interviewed Gund, explained what encouraged the collector to start the initiative:”Six of Ms. Gund’s twelve grandchildren are African-American, and he or she has worried about their potential as they have matured, specially in mild of shootings of black youngsters like Trayvon Martin in Florida. ” ‘I have usually experienced an serious sensitivity to inequality,’ Ms. Gund reported. “She included that she was also deeply influenced by Michelle Alexander’s 2010 reserve, ‘The New Jim Jonas Jerebko Jersey Crow: Ma s Incarceration in the Age of Colorblindne s,’ and by Ava DuVernay’s 2016 documentary, ’13th,’ about African-Americans while in the jail procedure.””The prison justice proce s in its existing state specifically in its remedy of people of coloration is unfair and unjust,” Gund stated inside a statement within the Ford Basis. The fund will i sue grants to groups and people today working on problems with felony justice reform.