Fondation Carmignac
The Fondation Carmignac is a Paris-based organization that bestows the Carmignac Gestion Photojournalism Awards, which are held yearly. It was established in 2000 by Édouard Carmignac. The organization has a publicly accessible art collection on Porquerolles Island in Var, France.
History
Financier Édouard Carmignac established the corporate collection Fondation Carmignac in 2000. The collection is displayed at Carmignac Gestion's headquarters in Paris, as well as at its offices in London, Madrid, Milan, Frankfurt, Luxembourg, and Zurich.In the 1980s, Carmignac purchased a property in Porquerolles Island with 15 hectares of land. During a construction on the Island hired Architects, GM Architectes Associés encountered struggles building on the protected land, so they created 2,000 m2 of underground exhibition space. The subterranean space was initially planned to open in 2014 but opened in 2018.
In 2018, the opening exhibition at Fondation Carmignac focused on Carmignac's personal collection of over 300 pop and postmodern artworks.
Collection
The Carmignac corporate collection comprises over 250 works from the 20th and 21st centuries, with a focus on pop art and the German Expressionist School. The collection includes pieces by various artists, such as Andy Warhol, Jean-Michel Basquiat, Roy Lichtenstein, Gerhard Richter, Andreas Gursky, Keith Haring, Martial Raysse, Zhang Huan, Korakrit Ayunanondchaï, Richard Prince, and Sterling Ruby.Several commissioned works were created for Porquerolles, including Ugo Rondinone's Four Seasons, a ring of silver heads, and Olaf Breuning's Mother Nature, a large red-haired face.