Jerwood Annual Reports 2013
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Jerwood Foundation Jerwood Space Representative Office 171 Union Street 7 St Stephen’s Mews London SE1 0LN London W2 5QZ Tel. 020 7654 0171 Tel: 020 7792 1410 jerwoodspace.co.uk jerwood.org Jerwood Charitable Foundation Jerwood Gallery 171 Union Street Rock-a-Nore Road, Hastings London SE1 0LN East Sussex TN34 3DW annual reports 2013 Tel. 020 7261 0279 Tel: 01424 728377 jerwoodcharitablefoundation.org jerwoodgallery.org xxxxx xxxxx Aurora Orchestra in the Jerwood Hall at LSO St Luke’s Photo: Simon Weir annual reports 2013 Contents Jerwood 2 Jerwood Foundation Chairman & Director’s Report 4 Jerwood Gallery Chairman & Director’s Report 10 Jerwood Space Chairman & Director’s Report 22 Jerwood Charitable Foundation Chairman & Director’s Report 28 Project Updates 32 Personnel & Organisations 52 Mario Rossi Loxodrome # II (detail), 2011 Courtesy of the artist Exhibited in Knock Knock: Seven Artists in Hastings Jerwood Gallery, 2013 2 jerwood annual reports 2013 The Jerwood Foundation was established in 1977 by its the Jerwood Foundation in 1999 with an endowment of Chairman, Alan Grieve, for John Jerwood, an international £25 million, it seeks and proactively initiates imaginative businessman and philanthropist. Since John Jerwood’s projects with a broad range of exceptional organisations death in 1991, Alan Grieve has created and continues to and individuals in the UK. It also develops and manages shape the Jerwood vision; building the Jerwood name as a Jerwood Visual Arts, a year-round contemporary gallery major contributor to the vibrancy and creativity of the arts programme of exhibitions, awards and events hosted at in the UK. Jerwood Space and on tour nationally. The Jerwood Foundation has made strategic capital grants, Since it opened in 2012, Jerwood Gallery in Hastings, reflecting its purposeful, imaginative and wide-ranging the most recent major capital project of the Jerwood support for the arts and education. The Jerwood Collection Foundation, has become part of the town’s artistic and of 20th and 21st century British art continues to grow and cultural hub and is making a major contribution to the is being widely enjoyed within its permanent home at the regeneration and heritage of East Sussex and the south Jerwood Gallery in Hastings. coast. Taking inspiration from the Jerwood Collection and the gallery’s seaside location, the award-winning building Jerwood Space opened 15 years ago in 1998 as a major features seven permanent galleries, the Foreshore Gallery capital initiative of the Jerwood Foundation and is receiving space, sculpture courtyard, café, education and recognised as one of the best rehearsal spaces for theatre meeting space, library and shop. and dance in the UK. Working with established companies allows Jerwood Space to subsidise space for emerging During 2013 over 80,000 visitors attended exhibitions theatre and dance makers, enabling them to develop their from the Jerwood Visual Arts programme and at Jerwood art in an outstanding environment. Housed in a building Gallery, Hastings. of architectural significance near London’s South Bank, Jerwood Space also offers gallery spaces, meeting rooms Since 1991, the Jerwood Foundation and Jerwood Charitable and a café with a striking glazed courtyard which are open Foundation have channeled more than £92.5 million into to the public and available for hire. capital and revenue projects in support of the arts in the UK. The Jerwood Charitable Foundation is a UK registered jerwood.org charity which supports emerging artists and arts producers across art forms through revenue grants. Established by Jane Hilton Ron Redford, Cowboy, Benjamin, Texas, (detail), 2009 Courtesy of the artist Exhibited in Knock Knock: Seven Artists in Hastings Jerwood Gallery, 2013 Jerwood is a family of not-for-profit organisations united in their commitment to support and nurture excellence in the arts 4 jerwood foundation chairman & director’s report Jerwood Foundation Chairman & Director’s Report Financial Review 2013 was as uncertain at its beginning as it was at its end. There has been no lessening of unpredictable global factors and there remains considerable international instability. The major economies of the US and China have, as might be expected, produced the biggest questions during the year. The political uncertainties in the US during the last quarter of 2013 concerning the debt limit in the US and the contested budget for 2013/14 weighed on markets. In China the economy has shown signs of recovery and the official growth rate is stated to be around 7.5% or even higher. Markets and commentators have continued to treat this number with some caution as there has been a slowdown in employment and foreign direct investment. The other factor which is highly relevant in the US, Europe and the UK is the inevitability of tapering the amount of new money which is printed and pumped into economies. Clearly Alan Grieve CBE this has to happen and certainly international markets will react at worst badly and at best Photo: Pete Jones with nervousness for the future. The better news is that economic growth has been positive in many markets. Hopefully, the eurozone will maintain its improving stability but this is in no way a certainty. At the same time, there are opportunities not only in Asia but for example in sub-Saharan Africa. Investors are casting their nets wide and, like many others, we choose to take a long- term view to protect the capital value of our Fund and receive an acceptable level of income. The performance of our own Fund has been held back in Asia as the emerging markets, many of which are already reasonably mature, have been overshadowed by the uncertainties from China. The Fund returned an annual performance in 2013 of 12.1%. In most developed economies there remains an overhang of excessive sovereign debt and it has to be asked how far and when this can and will be remedied. The economists tell us that it may be a permanent feature of our capital and financial structures but it is surely based upon Philippa Hogan-Hern printing money rather than real asset growth or increased productivity. Photo: Pete Jones Directors and Management We should highlight three important changes which have taken place. A new Chairman To complain of the age we of Jerwood Space, Chris Cotton, was appointed in May and David Pennock assumed live in, to murmur at the the chairmanship of Jerwood Gallery in October, having joined the Board in June. Chris present possessors of power, Cotton brings with him previous familiarity with Jerwood Space, its operations and to lament the past, to directors. As Chief Executive of the Royal Albert Hall, he has very considerable experience conceive extravagant hopes and special knowledge with which to undertake his role. of the future, are the common dispositions of the greatest David Pennock has been resident in East Sussex for some 39 years, serving as High Sheriff part of mankind. in 2002/2003, and is a successful engineering entrepreneur with an established family business. We could not ask for two better qualified directors to act as chairmen of the two Edmund Burke Boards in London and Hastings. (1729 – 1797) Text from the Supporters Board, at Royal Court Theatre jerwood foundation chairman & director’s report 5 These two new appointments highlight the knowledge, These appointments not only secure management experience and judgement which the chairmen of our succession, but also pave the way for the Foundation to constituent organisations bring to our affairs. Tim Eyles, adopt a monitoring role with the principal responsibility the Chairman of Jerwood Charitable Foundation, is the being placed upon Philippa Hogan-Hern. This role, Managing Partner (UK) of leading international law working alongside Jerwood Charitable Foundation, firm Taylor Wessing. The chairmen together with their Jerwood Space and Jerwood Gallery enables us in the Boards, are responsible for furthering Jerwood’s support of London representative office to report fully and effectively excellence in the arts in the UK. to the Council of the Foundation. In July Philippa Hogan-Hern, who had provided maternity The Foundation Council cover as Acting Director for Lara Wardle, was appointed We remain fully appreciative of the support and Director of the Foundation. Lara had decided to discontinue encouragement of the Council in shaping our strategy full-time employment in order to look after her children. in a rapidly changing environment. Dr Peter Marxer We are delighted that she has now returned as Consultant has recently retired from international legal practice to the Foundation, responsible for and to manage the but has generously agreed to remain a member of our Jerwood Collection in the public domain at Jerwood Gallery Council. Jerwood benefits extensively from his experience, in Hastings. This will involve responsibility for acquisitions, judgement and wisdom as well as his friendship, wide research, conservation, presentation and also working with erudition and culture. Liz Gilmore, Director of Jerwood Gallery, in constructing the gallery exhibition programme. jerwood foundation chairman & director’s report 7 The Jerwood Collection Clockwise from top left: Margaret Mellis Since Jerwood Gallery opened in March 2012, some 80% of the Jerwood Collection has Woman and Fish II, 1957 been on public display and the collection galleries have been splendidly refreshed with four Reproduced with the kind significant re-hangs. Christopher Wood’s The Bather, circa 1925-26; Dod Proctor’s Lilian, permission of the Estate of 1923; and Stanley Spencer’s Daphne, 1953, returned to the walls by popular demand. Margaret Mellis Elizabeth Adela 28 works from the Jerwood Collection have been reproduced as postcards and as sales in the Stanhope Forbes ARWS shop have revealed, visitors to the gallery have clear favourites, notably by the St Ives artists: Midday Rest, 1904 Alfred Wallis’ Two Boats, circa 1930, and Paul Feiler’s Chrome & Lemon, 1956.