Launching at the third edition of ART SG in 2025, the SAM ART SG Fund will allocate 150,000 Singapore dollars for acquiring artworks by leading and emerging artists at the international art fair.
The SAM ART SG Fund is a new benefactor-led fund supporting annual acquisitions for Singapore Art Museum’s permanent collection of international and Southeast Asian contemporary art.
These acquisitions will become part of SAM's permanent collection, reinforcing the museum’s role as a node for contemporary art and contributing to a culture of philanthropy within Singapore.
Singapore’s Increasing Importance as Cultural Hub
«The inauguration of the SAM ART SG Fund is an important indicator of Singapore’s increasing importance as a cultural hub within Asia Pacific. ART SG is thrilled to see this ambitious project come to fruition and eagerly supports its role in bolstering the local ecosystem and creating a legacy for generations to come,» Magnus Renfrew, Co-Founder of ART SG, said.
The Fund is made possible through the generous contributions of arts patrons Carmen Yixuan Li, Pure Yichun Chen, and other anonymous donors, with advisory support from Zong Han, Cultural Strategist, and Shuyin Yang, Fair Director ART SG.
Enhancing the Museum’s International Collection
Singapore Art Museum (Image: Courtesy)
This initiative reflects a strong commitment to enhancing the museum’s international collection while fostering meaningful and enduring partnerships between its founding patrons, the Singapore Art Museum, and ART SG. It also represents a significant contribution to the growth and vibrancy of Singapore’s arts ecosystem.
Recurring annually for an initial commitment period of three years, the Fund will support SAM’s acquisition of significant artworks at each edition of ART SG.
Public Viewing
Following their acquisition, artworks will be made available for public viewing through SAM’s exhibition programming. This dedicated effort highlights the commitment of participating donors and all involved parties to fostering visual arts education and expanding public access to art in Singapore.
- The third edition of ART SG, presented by Founding and Lead Partner UBS is open from 17 to 19 January 2025 (VIP Preview and Vernissage 16 January) at the Marina Bay Sands Expo and Convention Centre, Singapore,
