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Jerwood Annual Reports 2017 Jerwood Foundation Chairman & Executive Directors’ Report

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Jerwood Annual Reports 2017 Jerwood Foundation Chairman & Executive Directors’ Report ANNUAL REPORTS 2017 A Centenary Celebration John Jerwood MC (1918 – 1991) John Jerwood was born in Cambridge in 1918 a Jerwood Foundation was established by Alan few months after his father had been killed in Grieve for John Jerwood in 1977 and at that time action in the Great War. He was an only child its principal benefactions were in the fields of and at 13 he was awarded a special scholarship education and music, with humanity at the heart to Oakham School in Rutland. Although he won of the activities and initiatives. an exhibition to Jesus College, Cambridge, John Jerwood was not able to take up his place and Following John Jerwood’s death in 1991, the instead started his working life in the family concept of a broad education was extended jewellery business in Hatton Garden, London. to embrace particularly the arts and cultural After serving in the Second World War, in which heritage. The Foundation’s remit was he won an immediate M.C., he moved to Tokyo, subsequently refined to support, nurture and where he married and settled, establishing what reward excellence and commitment in the visual was to become one of the largest dealerships of and performing arts in the UK, with a particular cultured pearls in the world. focus on emerging and early-career artists. I was one of the original Jerwood Players. One of many pupils who benefitted from the foresight and generosity of John Jerwood, an Old Oakhamian, who fully recognised the benefits of the Performing Arts. His legacy needs to be continued for a new generation. I would never have known I had latent skill without an opportunity to try it out. Others should have that chance too. Richard Hope, actor Jerwood is a family of registered charities and not-for-profit organisations; Jerwood Foundation, Jerwood Space, Jerwood Charitable Foundation and Jerwood Gallery. They are united in their commitment to support, nurture and reward excellence and dedication in the visual and performing arts. Since 1991, Jerwood has channelled over £100 million in capital and revenue funding in support of the arts in the UK. 2 Jerwood Annual Reports 2017 Jerwood Foundation Chairman & Executive Directors’ Report We should always, as near as we can, be booted and spurred, and ready to go. Michel de Montaigne (1533 – 1592) Chairman & Executive Directors’ Report 40 years ago in March 1977, when whether in supporting a one-off project Jerwood Foundation was established or as part of an on-going long-term for John Jerwood, it joined the ranks of relationship, often enhanced by one the established larger UK foundations of our 18 completed capital projects, such as Clore Duffield, Esmée Fairbairn, as with Snape Maltings in its Jerwood Garfield Weston, Paul Hamlyn and Opera Writing Programme, Gate Theatre Wolfson. Its initial focus was on in the Jerwood Designers programme, education in the broadest sense, Glyndebourne in the Jerwood Chorus particularly centered on Oakham Development Scheme and Royal Alan Grieve CBE Lara Wardle School, and its primary mission and Court in the Jerwood New Playwrights purpose was to support young people in programme. their education and well-being. Music, literature and theatre had interested Jerwood’s impact and achievements John Jerwood for many years and after to date can be measured through his death in 1991, the concept of a broad its many hundreds of beneficiaries, education was extended to embrace including actors, artists, choreographers, particularly the arts and heritage. The composers, craft makers, dancers, Foundation’s remit was subsequently directors, film-makers, musicians, opera refined to support, nurture and reward singers, orchestras, photographers, poets, excellence and commitment in the visual playwrights, set designers and writers. and performing arts in the UK, with a It is heartening that many of the early particular focus on emerging and ‘Jerwood creatives’ are now reaching Philippa Hogan-Hern early-career artists. the pinnacles of their chosen artforms, enhancing our culture and in turn Photos by Charlotte Since 1991, Jerwood has channelled influencing the next generation. Bromley-Davenport over £100 million in capital and revenue funding in the broadest support of Our past Annual Reports have allowed the arts and education in the UK. We us the opportunity to look back on have strived to act positively and have the activities of each passing year, but consciously moved, and sometimes given that 2017 marked the Jerwood shifted, with the times, recognising Foundation’s 40th Anniversary – a and giving support to artists where it milestone shared with Yorkshire is most needed. Jerwood’s culture and Sculpture Park and Henry Moore style of philanthropy have developed Foundation, we have highlighted the Sir Matthew Smith (1879 – 1959) Simone, 1948 entrepreneurially, organically and breadth and depth of Jerwood’s reach in Jerwood Collection imaginatively. We don’t just write the arts panopoly over four decades on © By permission of the copyright holder cheques. We choose to be involved, pages 6 – 7. 3 The purpose of the arts is to reconnect us to our basic sense of humanity, to open our minds to the world around us, to allow us to create a life that means something to us. Sir Ken Robinson speaking at Artwork Conference in November 2017 Net Form 2 by Benedict Carpenter (b.1975) in With public funding (central and local the appointment of a new Director situ in the Japanese Garden, Oakham School. Originally commissioned by Jerwood Foundation government) under severe strain, the at Jerwood Charitable Foundation; a in 2012, it was donated to Oakham School and funding landscape is certainly very new team running the café at Jerwood unveiled by Benedict Carpenter in a ceremony different today than it was 40 years ago. Space; and a new operating model as on 28 April 2017. The place for culture to inspire unity and a charitable trust at Jerwood Gallery. enhance the well-being of humanity is Further detail is reported in the individual Photo: Clair Montier more important than ever. Jerwood’s statements. mission, relevance and resolve remain resolute to make our philanthropic The Arts in the UK contribution. The arts in the UK are now recognised as playing three fundamental and crucial It is part of Jerwood Foundation’s role to roles; the first enhancing the well-being Until it’s shared, art has ensure that our purpose is at the heart of everybody and breaking down socio- of everything that is done in the name of economic barriers; the second contributing absolutely no meaning Jerwood; whether through the wide- to regeneration of towns and cities, whatsoever. ranging activities of the Jerwood family particularly those identified in the State of of organisations: Jerwood Charitable the Nation Report published in November Sir Antony Gormley RA Foundation, Jerwood Space and Jerwood 2017, as entrenched social mobility Gallery in Hastings, or through the coldspots where fair access to the arts is activities and initiatives within the arts limited; and thirdly boosting the economy. and education which are undertaken in 2016 figures published by DCMS in the capital projects bearing our name. November 2017 estimated that collectively During 2017 we continued to support our the creative industries contributed £92 capital investment in Jerwood Gallery in billion to the UK economy and at 7.6%, making a stakeholder grant of £300,000 they were growing at double the speed of for core costs. We also enhanced and the wider economy. broadened the Jerwood Collection through discerning acquisitions. Jerwood is playing an active role in building new audiences and broadening The many global uncertainties and unrest fair access to the arts through its that marked 2016 continued to bear interventions, directly through the upon the financial, political and social Weston Jerwood Creative Bursaries landscape in 2017. The socio-economic programme, now in its third edition, impact of Brexit, the ‘Trump Effect’ and through local community outreach and the threat and acts of worldwide programmes and initiatives undertaken terrorism have affected all of us. by Jerwood Space in Southwark and Jerwood Gallery in Hastings; as well In different ways, each member of the as indirectly through grants delivered Jerwood family of organisations has been by Jerwood Charitable Foundation and tested and has had to manage effectively the display of the Jerwood Collection significant changes and challenges in the public domain, both actually and throughout the year. These include virtually. 4 Jerwood Annual Reports 2017 Jerwood Foundation Chairman & Executive Directors’ Report Art is an adventure into an unknown world which can only be explored by those willing to take the risks. Mark Rothko (1903 – 1970) Investment Review outstanding Director of the Charity and A Personal Note from Alan Grieve Our funds continue to be managed by during her tenure played a significant As stated in our 2016 Report, 2017 Waverton Investment Management in role in moulding and championing talent would be a year of transition as I handed London and Lloyd George Management and promise. We congratulate Shonagh over my executive responsibilities to (HK) Limited in Hong Kong. Our on her appointment and wish her every Philippa Hogan-Hern and Lara Wardle. investments in Asia, Europe and the success. In my 26 years as Chairman of Jerwood US collectively returned an annual Foundation, I have felt acutely the performance of 13.98%. This is against Lilli Geissendorfer, Producer at Almeida challenges and changing tempo of life. I world market performances of FTSE All Theatre and formerly a Relationship will continue to work alongside our Fund World Index at 13.8% and FTSE All Share Manager for Theatre at Arts Council Managers to ensure the steady growth of Index at 13.1%. England, has been appointed the new our investments and represent Jerwood Director to lead Jerwood Charitable acting as its advocate with considerable Although a large sector of the media Foundation from January 2018.
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