It was our honour to be a continuous supporter of the annual Sovereign Asian Art Prize in support to The Sovereign Art Foundation.
The award ceremony and fund raising Gala and Auction was held last Friday night, at The Four Seasons, Hong Kong. We witnessed the winner of the Asian Art Prize and The Vogue Hong Kong Women’s Art Prize.
Macey & Sons have been an active supporter since 2017, donating funds to help disadvantaged children through the foundation's various charity programmes.
The Sovereign Art Foundation (SAF) was established in 2003 with a well-defined twin focus: to recognise the growing wealth of contemporary art talent in Asia, and bring the proven benefits of expressive arts to underprivileged children.
"The beauty of our model is that we are able to achieve both goals in an eminently sustainable way. The Sovereign Asian Art Prize, now recognised as the most prestigious prize in its field and region, raises funds by auctioning those artworks that reach the final stage of the competition. The proceeds are then shared equally between the artists and the Foundation, to be used for our charitable projects across Asia."
Held annually, the Sovereign Asian Art Prize invites mid-career contemporary artists - nominated by a carefully selected board of independent art experts from the region. It is the largest and most established art prize in the Asia-Pacific region.
The winning artist of the Sovereign Asian Art Prize is awarded US$30,000. The 29 other works will be auctioned, with the artists receiving 50% of proceeds and the other 50% funding the charitable work of the Foundation.