Record Joan Mitchell Donation to Tate Modern

Record Joan Mitchell Donation to Tate Modern

Miami Billionaire Donates “Priceless” Joan Mitchell Triptych to Tate Modern: A Landmark Gift

By Archyde News Journalistic Team | April 3, 2025

In a move hailed as transformative, the Tate Modern in London has received it’s most meaningful single art donation in over half a century. The gift, a monumental triptych by celebrated American abstract expressionist Joan mitchell, comes courtesy of Miami real estate mogul Jorge M. Pérez and his wife, Darlene. The artwork,titled after Mitchell’s German Shepherd,Iva,was painted in 1973 and measures an impressive six meters in length.

The donation, finalized after a two-year “conversation” with Tate Director Maria balshaw, marks a pivotal moment for the institution. Pérez playfully acknowledged Balshaw’s persuasive abilities, joking, “She’s a good saleswoman.” The meaning of the gift is amplified by the fact that the Pérez’s previously displayed the artwork in their bedroom.

A Gift of Rothko-esque Proportions

Balshaw emphasized the historical importance of the donation, stating that the Mitchell triptych is the most substantial since Mark Rothko’s gift of nine large-scale murals in 1969.While the exact value of the Mitchell piece remains undisclosed, a comparable work by the artist fetched $29 million at auction in 2023, leading Pérez to describe his donated piece as “priceless.”

The triptych will find its new home alongside the museum’s Rothko Room, creating, according to Pérez, “an amazing partnership. They just talk to each other.” This juxtaposition offers a unique chance for visitors to explore the dialogues between two titans of abstract expressionism, enhancing the artistic and emotional impact of both collections.

Philanthropy Amidst Financial Constraints

Balshaw openly acknowledged the vital role of philanthropic donations in sustaining institutions like the Tate Modern. While approximately 30% of the Tate’s funding originates from government grants, the museum, like many cultural institutions, is grappling with post-pandemic financial pressures. Recent workforce reductions underscore the ongoing challenges of maintaining funding levels.

The director stated, “By the time we realised the importance of the work, they were too expensive for a UK public institution to buy,” emphasizing the crucial role private philanthropy plays and further adding that, “This [gift] has changed the British national collection permanently… It’s such a significant rebalancing – it’s not just filling a gap, it is indeed taking us into a new representation of work of that period.” An acquisition of this scale would not be possible without “an act of truly remarkable generosity” by the donors.

The director had been in discussions with the Pérez’s, renowned for their contributions to Miami’s Pérez Art Museum (PAMM), since their 2023 visit to an El Anatsui exhibition at Tate Modern. These discussions highlight the importance of engaging with potential donors and cultivating relationships that extend beyond mere transactions.

beyond the Canvas: Endowing African Art

The Pérez’s generosity extends beyond the Mitchell triptych. The couple has also established a “multimillion-pound” endowment to support a curatorial post at the tate dedicated to African art. This commitment reflects a broader movement within the art world to increase representation and recognition of artists from diverse backgrounds. The couple has also pledged further donations of works by African and Latin American artists from their personal collection.

Setting a Philanthropic Example: An American Outlook

Pérez hopes their act of giving will inspire other affluent individuals to support cultural institutions. “The public sector is swamped with ever growing needs, and it all can’t be solved by the government,” he observed. “People who have been very fortunate, like Darlene and I have been, have an obligation to give back to that community that is giving you so much. So we really hope that gifts like this get other people to think about giving.”

This sentiment resonates strongly within the American philanthropic tradition, where private giving plays a vital role in sustaining arts, education, and social services. For example,the Metropolitan Museum of Art in New York City relies heavily on private donations to maintain its world-class collection and programming. Similarly, universities like Harvard and Yale have benefited from major gifts that have transformed their campuses and academic offerings.

The Allure of Art Donation: Tax Benefits and Legacy

donating art to museums and other qualified organizations can offer significant tax advantages in the United States. According to Art Business, any donation above $5,000 needs to be reviewed by the internal Revenue Service.

Below is a table summarizing the tax benefits of donating artwork:

Benefit Description Considerations
Fair Market Value Deduction Deduction based on the current market value of the artwork. Must be appraised by a qualified appraiser. Donation must be to a qualified 501(c)(3) association.
Capital Gains Tax Avoidance Avoid paying capital gains taxes on the appreciated value of the artwork. Artwork must be held for more than one year to qualify for long-term capital gains treatment.
Estate Tax Reduction Reduces the value of the taxable estate, potentially lowering estate taxes. Critically important for high-net-worth individuals looking to minimize estate tax liabilities.

Beyond financial considerations, donating art allows collectors to leave a lasting legacy, ensuring their treasured possessions are accessible to the public for generations to come.

Interpreting Mitchell: Landscape or Canine companion?

When asked about the artwork’s connection to Mitchell’s German shepherd, Iva, Pérez offered his interpretation: “Actually, I think it’s got much more connection to landscape than to a dog.These are just her expressions of a mood, a landscape.” This highlights the subjective nature of art interpretation, where viewers bring their own experiences and perspectives to bear on understanding the artist’s intent.


What inspired Jorge M. Pérez to support the tate Modern adn specifically acquire Joan Mitchell’s triptych, *Iva*?

Exclusive: jorge M. Pérez on the “Priceless” Joan Mitchell Gift to Tate Modern

By Archyde News

An Archyde Interview with Jorge M. Pérez

Archyde: Mr. Pérez, thank you for joining us. This donation of Joan Mitchell’s triptych, *Iva*, to the Tate Modern is a monumental event. What initially sparked your interest in supporting the Tate and, specifically, acquiring this piece?

Jorge M. Pérez: Thank you for having me. It’s a pleasure. Darlene and I have long admired the Tate Modern. We where especially moved by an El Anatsui exhibition we saw a couple of years ago. The artwork by Joan Mitchell, we collected it as it spoke to us on a vrey personal level, a shared love for expressionism and the landscape she was capturing.

The Significance of the Donation

Archyde: Director Maria Balshaw mentioned the significance of this donation being comparable to the Rothko murals. How did you view the impact your gift would have on the Tate’s collection and its visitors?

Jorge M. Pérez: We’re thrilled to be a part of the Tate’s amazing legacy. To have *Iva* alongside the Rothko room, it’s an amazing partnership. They just talk to each other! We knew this would provide a richer artistic experience for visitors, further elevating the Tate’s reputation as a world-class institution. We wanted to make sure this work lived on and inspired. The idea is to create something that makes people think, question and feel!

Philanthropy and Legacy in the Art World

Archyde: The art world is currently facing financial pressures; your gift, along with the endowment for African art, offers a vital lifeline. Can you elaborate on your decision to give, and why you want to inspire others to do so?

Jorge M. Pérez: We believe strongly in giving back to the community, especially in these times.The public sector can’t handle everything. Those of us who have been fortunate have a responsibility to contribute to the places that have contributed to our success. We hope this inspires others in the art world, the cultural sectors, education and beyond. Also, we aim to show that this work can last forever.

Interpreting *Iva*

Archyde: The triptych is named, *Iva*, after Mitchell’s dog. You’ve stated you associate the work with landscapes. Why is that?

Jorge M. Pérez: I see it primarily as an emotional response to the landscape. To me,it echoes the feelings,the movements,the emotions of natural environments. I find greater associations there,but that’s part of the beauty of art isn’t it? Each of us brings our own interpretation!

Tax Benefits and Future Giving

Archyde: Besides the immense value of giving back,there are tax benefits with art donations. Would this act as an incentive for people to donate?

Jorge M. Pérez: Yes, it is.There are clear incentives for donating art,as the provided table highlighted. I hope this serves as a reminder to people, that beyond the financial advantages, art donation offers the possibility to leave something behind, for future generations.

Looking Ahead

Archyde: What’s next for your philanthropic endeavors? Are there plans to support any other art initiatives?

Jorge M. Pérez: We’re focused on continuing to support a rich cultural ecosystem and will continue to work on our vision. We are committed to enhancing representation, supporting emerging artists for years to come! Our next focus is on further donations of works by African and Latin American artists from our personal collection, and continuing to look for new opportunities to inspire and engage.

Archyde: Mr. Pérez, thank you for your time. Your generosity and enthusiasm are appreciated and inspiring.

Jorge M. Pérez: Thank you for having me.

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