Philanthropist Agnes Gund on Why She Sold a $100 Million-Plus Masterpiece to Fight Mass Incarceration | Video

Sundance 2020: ”Largely the reason is because I felt guilty,“ Agnes Gund says

Philanthropist and art-world denizen Agnes Gund said she was inspired by Ava DuVernay’s award-winning documentary about mass incarceration, “13,” and took a rather dramatic action as a result: Three years ago, Gund sold the 1962 Roy Lichtenstein painting “Masterpiece” and donated $100 million of the proceeds to start a fund to support criminal justice reform.

“She saw that film and was so moved by it, and she said, ‘I am not doing enough,'” said her daughter Catherine Gund, whose documentary feature about her mother, “Aggie,” premiered at the Sundance Film Festival on Friday. “And she literally went home and chose this painting and said, ‘I am going to turn this painting into money for criminal justice reform.'”

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Thom Geier

Executive Editor • • Twitter: @thomgeier