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Shared Passions
Aesthetic Aspirations
Josh Baer
08/02/2004


She has actively distinguished her collection by founding the Center for Curatorial Studies at Bard College in Annandale-on-Hudson, N.Y. On a trip to Russia in 1987, she met Bard President Leon Botstein, who planted the idea to put her collection in a small town with a school and research center.

Today her congeries of some 1,750 pieces is on permanent loan to the center, along with archives of books and videos. Her mission is to provide both a research facility for 20th-century art and a locus for scholars to conduct comparative studies of art with literature and music. Graduate students study Hessel’s works, while she is content to buttress a foundation that preserves the collection in its wholeness.

“I was multicultural before it was politically correct, and I always saw art in a societal context,” she says. “With Bard, there will be an end point to the collection that I want to enjoy.”

Corporate Curator
Donald B. Marron, CEO and founder of the private equity investment firm Lightyear Capital in New York, began collecting art in the late 1960s at the financial firm Mitchell Hutchins, where he was president. He expanded his corporate and personal collections during his 20 years as chairman of PaineWebber and through its subsequent merger with UBS AG. A standout in any art crowd at his basketball-player height of 6 feet, 7 inches, Marron is also a longtime board member and former president of the board of the Museum of Modern Art in New York. So it was no great surprise when he turned to MoMA in 2002 to make an outright gift of 37 important works of modern and contemporary art from the corporate UBS PaineWebber Collection. While it was an enormously generous gift by the standards of the art world, it was still a minor ripple on the corporation’s bottom line. The newly renovated MoMA will display the works, featuring artists such as Willem de Kooning, Philip Guston and Susan Rothenberg, when it reopens in 2005.

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» The Inner Circles
» Artful Beginnings
» Creative Curators
» The Hidden Costs of Art Collecting
» American Legacy
 
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