Collectors Fund members know the art of investing

By JEFF KORBELIK / Lincoln Journal Star | Posted: Saturday, November 7, 2009

The Collectors Fund began in May 2007 with the Kempers and five other families who are passionate about art, particularly 20th- century American art.

Kemper is a former banker whose family donated both the landmark Gunnar Birkerts-designed building and the core art collection of the Kemper Museum of Contemporary Art in Kansas City.

Fund members loved art and were interested in collecting, but didn’t have the time or resources to do it properly, Kemper said.

“In many cases, (the members) wanted to have a little bit more diversity in their art collections than maybe they could if they did it by themselves,” he said. “Everyone had the ability to make some acquisitions of art, but together we could acquire more art. We could have it rotating in our homes. Because of that we would have exposure to a great number of pieces.”

Since then, fund membership has grown to 120 families, mainly through word of mouth, with most of the membership based in major museum cities, such as Kansas City, New York, Los Angeles, St. Louis, Dallas and Miami. The minimum one-time investment is $130,000 for 10 years, with members covering additional insurance and shipping fees.

Read the rest of the article:

Source:

http://www.journalstar.com/entertainment/article_ad3f3732-cb0d-11de-b868-001cc4c03286.html

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About Art Collecting and Investment

Providing news about art collectors, collections and investments. Including the how to's, the why's and the where's of art collecting. Wanda Pepin, Christina Madden and Elaine Frenett are all professional artists who keep up on the world of art, while creating amazing works of art themselves.
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