NEW YORK — The leading online art marketplace, Artsy, and influential international art gallery, Pace Gallery, today announce an auction featuring a new sculptural painting by artist Loie Hollowell entitled “Pressure in Yellow-blue and Mars Violet.” Artsy Impact Auction: Loie Hollowell, will take place from March 21 to 24 exclusively on Artsy, with a preview period from March 14 to 21, and available to view for the public at Pace Gallery in the library on the first floor of its Chelsea flagship in New York from March 14 to 24. As part of Artsy’s mission to make an impact through art, and thanks to Hollowell’s generosity, 100% of the artwork’s proceeds, and a portion of Artsy’s Buyer’s Premium, will be donated to One Acre Fund, a nonprofit that supplies rural farm families in sub Saharan Africa with everything they need to grow more food and earn more money.
“We’re proud to collaborate with Pace Gallery to continue to promote diverse voices and artworks by leading artists who address critical issues of our time, and we’re honored to support Hollowell’s tremendous generosity to donate full proceeds of her auction to a great cause like the One Acre Fund,” said Shlomi Rabi, Artsy’s VP of Auctions. “We hope that our resources and collective efforts will continue to benefit organizations that are important to the community of our artists, collectors, and gallery partners.”
Commenting on her artwork, Hollowell said, “Pressure in Yellow-blue and Mars Violet, currently on view at Pace Gallery, was made as a response to a physical ailment that took place over the past year with my bladder. The painting was a therapeutic exploration of that experience and how it was showing up in my body. Perhaps that’s graphic information but my work is all about highlighting what I and women in general go through in our bodies.The subject matter is personal but the viewer can deduce their own connection to my experience with that bit of insight.”
Made entirely of cast Aqua-Resin with fiberglass reinforcement, adhered to a wooden frame with linen edge, Pressure in Yellow-Blue and Mars Violet demonstrates an advancement of Hollowell’s approach to creating three-dimensional painting surfaces. The sculpted element of this and other works allows Hollowell’s adept abilities with color to take on new depths — both the literal shadows cast from the dimensionality of the surface, as well as the illusory quality of light are expertly manipulated by Hollowell with oil paint applied in circular brushstrokes layer after layer. In the Pressure series, one might identify a buttocks and groin as much as straightforward geometric shapes balanced within symmetry and abstraction. Her use of symmetry – often anchoring her compositions in a central, singular axis – relates her paintings to her own body as well as the natural world.
“By referencing her own experiences, Hollowell’s paintings are at once personal and universal in their fierce vulnerability,” said Samanthe Rubell, President at Pace Gallery. “The sacred geometry in this work allows viewers to meditate on the spectrum of human experience. With its three-dimensionality, precise forms, and rich colors, the painting encourages viewers to consider new perspectives—both literally and metaphorically.”
Further discussing the auction, Hollowell added, “I chose to participate in this auction with Artsy and Pace because of its potential to generate such a substantial charitable donation for the One Acre Fund. When extended these opportunities I am most interested in donating to causes that have the greatest impact for the most people. I grew up in a farming community in Northern California so it is work close to my heart. I know how hard it can be to sustain crops from year to year and I really appreciate how the One Acre Fund provides a reliable lifeline for farming communities across sub Saharan Africa.”
“On behalf of One Acre Fund, I want to extend my deepest gratitude to Loie Hollowell for donating the proceeds from the sale of her artwork to our organization,” said Matt Forti, One Acre Fund Managing Director. “One Acre Fund proudly supplies financing, farm inputs, and training to 1.6 million hero households in Africa, a majority of which are women-led. Our support aims to increase harvests, enrich soils, and improve child nutrition. As we approach the 2023 planting season, we’re seeing unprecedented demand for food security from rural communities severely impacted by the crises of COVID, climate, and inflation. Because of Loie’s and Artsy’s generous gift, we will support thousands of additional, hard-working farmers in Africa to alleviate hunger in their families and communities during these challenging times.”
Artsy’s Impact Auctions empower artists to sell their own work and donate a portion or all of the proceeds to a cause they believe in, thus allowing for potential tax benefits and the ability to act as their own philanthropic agents of change. Through Artsy Auctions, the company works directly with galleries and their artists to produce exclusive auction sales that are visited by millions of Artsy’s collectors and art lovers across the world. By leveraging the vast reach of its marketplace, alongside its charity partners for each initiative, Artsy is committed to help drive social change and uplift the creative community and next generation of artists. Over the past two years, Artsy Auctions have raised over $25 million for charitable causes.
For more information on the auction, visit https://www.artsy.net/impact-loie-hollowell.
About Artsy
Artsy is the leading global online marketplace for discovering, buying, and selling fine art by in-demand artists. Artsy connects 4,000+ galleries, auction houses, art fairs, and institutions from 100% countries with millions of global art collectors and art lovers across 190+ countries. Artsy makes purchasing art welcoming, transparent and low-friction with industry-leading technology that connects supply and demand safely and securely at a global scale. Launched in 2012, Artsy is headquartered in New York City with offices in London and Berlin. Learn more at https://www.artsy.net/
About Pace Gallery
Pace is a leading international art gallery representing some of the most influential contemporary artists and estates from the past century, holding decades-long relationships with Alexander Calder, Jean Dubuffet, Barbara Hepworth, Agnes Martin, Louise Nevelson, and Mark Rothko. Pace enjoys a unique U.S. heritage spanning East and West coasts through its early support of artists central to the Abstract Expressionist and Light and Space movements. Since its founding by Arne Glimcher in 1960, Pace has developed a distinguished legacy as an artist-first gallery that mounts seminal historical and contemporary exhibitions. Under the current leadership of CEO Marc Glimcher, Pace continues to support its artists and share their visionary work with audiences worldwide by remaining at the forefront of innovation. Today, Pace has nine locations worldwide, including a European foothold in London and Geneva; two galleries in New York; Los Angeles; Palm Beach; East Hampton; and Hong Kong and Seoul, as well as an office and viewing room in Beijing. Learn more at www.pacegallery.com.
About One Acre Fund
One Acre Fund is a nonprofit social enterprise that supplies rural farm families with everything they need to grow more food and earn more money. One Acre Fund helps these farmers, most of whom are women, increase their productivity by delivering high quality farm supplies such as natural seed within walking distance of their homes, and then providing training on improved farming techniques. This support enables farmers to significantly increase their crop yields and build permanent pathways to prosperity. Rather than offering handouts, One Acre Fund offers farmers quality products and services in the form of a microloan, along with affordable and flexible payment options. As paying customers, farmers choose products that make sense for their farms.
This model has proven impactful: on average, farmers working with One Acre Fund will get a 40%+ profit boost. This is a meaningful amount for most of these rural farming families who live on less than $1 a day. Today, One Acre Fund directly serves 1.6 million farmers, and reaches an additional 2 million families through partnerships. They currently operate in nine countries in sub Saharan Africa: Kenya, Rwanda, Burundi, Tanzania, Uganda, Malawi, Zambia, Ethiopia and Nigeria.
