{"id":707,"date":"2009-06-18T16:44:43","date_gmt":"2009-06-18T23:44:43","guid":{"rendered":"http:\/\/www.artsjournal.com\/anotherbb\/wp\/2009\/06\/the_great_art_giveaway_chase_b\/"},"modified":"2009-06-18T16:44:43","modified_gmt":"2009-06-18T23:44:43","slug":"the_great_art_giveaway_chase_b","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/anotherbb\/2009\/06\/the_great_art_giveaway_chase_b.html","title":{"rendered":"The great art giveaway: Chase Bank invites Seattle nonprofits to take from its holdings"},"content":{"rendered":"

After Chase Bank bought the failed Washington Mutual in 2008, Chase found itself with more art than it had space for, as Chase’s Washington Mutual is a slimmed-down version of the disgraced original.<\/p>\n

What happens to roughly two-dozen paintings, drawings and sculptures by veterans of the Northwest mainstream that Chase decided not to keep? (Including Alden Mason<\/a>, Joseph Goldberg<\/a>, Jeffry Mitchell<\/a>, Robert Sperry<\/a>, Frank Okada<\/a>, Doris Chase<\/a> and Gaylen Hansen<\/a>.)<\/p>\n

Earlier this week, Chase staged a give-away. Museums were invited to choose what they wanted, followed by other selected nonprofits. The Seattle Art Museum confirmed that it participated but declined to say what it picked, as those choices are dependent upon approval from an acquisitions committee.<\/p>\n

Rumor has it SAM chose the Sperry and nothing else. Other museums didn’t want to confirm the giveaway at all, as they believe Chase wants to remain anonymous. <\/p>\n

Chase could have sold everything anonymously and cashed the check, although the gap between the work’s appraised value and current market value could be large, making tax deductions a better financial option. Whatever the motive, there are worse things that could happen to art than landing in a museum.<\/p>\n","protected":false},"excerpt":{"rendered":"

After Chase Bank bought the failed Washington Mutual in 2008, Chase found itself with more art than it had space for, as Chase’s Washington Mutual is a slimmed-down version of the disgraced original. What happens to roughly two-dozen paintings, drawings and sculptures by veterans of the Northwest mainstream that Chase decided not to keep? (Including […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-707","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/posts\/707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/comments?post=707"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/posts\/707\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/media?parent=707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/categories?post=707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/anotherbb\/wp-json\/wp\/v2\/tags?post=707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}