On June 20, 2003 the Board of Trustees of the Terra Foundation for the
Arts announced that it will place 50 paintings and 350 works on paper on
a renewable 15-year loan to The Art Institute of Chicago in late 2004.
The Terra Museum will remain open through 2004 and continue to present a
rich variety of exhibitions and programs with MODERN MATTERS, the
sixteen-month series that explores fresh perspectives on early modernism
in American art.

The entire collection of more than 700 works of art will remain under
the ownership and management of the Terra Foundation for the Arts. The
Terra Foundation will also continue to operate the Musée d'Art
Américain in Giverny, France.  All requests for loans to exhibitions
should continue to be directed to Elizabeth Glassman, Executive Vice
President, Terra Foundation and Director of the Terra Museums.
Information about objects in the collection and exhibitions should be
directed to Cathy Ricciardelli, Director of Exhibitions & Collection
Services, Terra Museum of American Art.

The Terra Foundation concurrently announced that it plans to
significantly expand its support of American art nationally and
internationally.  With resources of approximately $200 million, the
Terra Foundation will be one of the leading foundations in the world
focusing on the advancement of the appreciation of American art.  The
Foundation will announce its programs addressing American art for a wide
range of constituencies after July 2004.  Future inquiries about the
Terra Foundation activities should be directed to the Foundation
offices.


Terra Foundation for the Arts/Terra Museum of American Art
664 North Michigan Avenue, Chicago, IL  60611

=========================================================
Important Subscriber Information:

The Museum-L FAQ file is located at http://www.finalchapter.com/museum-l-faq/ . You may obtain detailed information about the listserv commands by sending a one line e-mail message to [log in to unmask] . The body of the message should read "help" (without the quotes).

If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes).