Bank of America Merrill Lynch opened the program to finance conservation of valuable works of art. Participate in it can profit museums and cultural organizations in Europe, Middle East and Africa

Bank of America Merrill Lynch opened the program to finance conservation of valuable works of art. Participate in it can profit museums and cultural organizations in Europe, Middle East and Africa who want to preserve for future generations objects from their collections. It could be paintings, works on paper, photography, sculpture, textiles and works of decorative art. In carrying out this program the bank plans to provide at least $ 1 million annually.

Rena Desisto (Rena Desisto), Head of Arts and Culture Bank of America Merrill Lynch, said: "In museums around the world many treasures that have great cultural value for any particular region or play an important role in the global history of art. It is essential to preserve these treasures for future generations ».

Organizations wishing to participate in the Bank of America Merrill Lynch and receive funding in 2010, should apply via the Internet at museums-admin.bankofamerica.com/partner/artconservation 30 June 2010. Applications will be considered employees of the bank, which if necessary will consult with specialists. Each grant includes funding for an annual restoration program. However, this rule may be exceptions in the event that the restoration of any work will require a longer period.

Program Bank of America Merrill Lynch to finance conservation of works of art is a continuation of the global cultural policy companies, which are providing support for various arts, including music and theater. So, each year the work of the corporate collection is provided free of charge to various museums for temporary display.

material prepared Ekaterina Guseva, AI

Source: artdaily . com , artinvestment.ru