A report by Sarah Cascone and Laurie Rojas for ArtNews.
Ella Fontanals-Cisneros, founder of the Cisneros Fontanals Art Foundation(CIFO), will donate works from her private Latin American art collection to Spain. The partnership with Spain’s Ministry of Education, Culture, and Sport—announced yesterday during the ARCOmadrid fair—boosts Madrid’s profile as the capital of Latin American art in Europe.
While it is yet to be revealed how many of her works are heading to the city, Fontanals-Cisneros’s collection will be showcased in a dedicated exhibition space in the Tabacalera building, a former tobacco factory that is due to reopen as an art center at the end of 2020. All told, the venue will host more than 50,000 square feet of exhibition space, including galleries for temporary exhibitions organized by the Museo Reina Sofía.
Known for its preeminent holdings of Latin American art, the Fontanals-Cisneros collection includes more than 3,000 works by artists including Carmen…
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