Scott Stover

Last updated
Scott Stover
Born
Chicago, Illinois
Alma mater Columbia University, New York (BA and MBA)
Occupation Philanthropy Advisor
Website https://scottstoverinc.com

Scott Stover is a philanthropy advisor specializing in arts and culture. [1] He is known for his progressive venture philanthropy model and providing strategic planning and implementation services to cultural institutions, private art collectors, artists, foundations, and government and civic agencies. [2] Most notably, Stover revived the Centre Pompidou Foundation in 2005. [3] He is an art collector [4] and a leading figure in international cultural conversation and arts media. [5] Stover holds dual U.S. and French citizenship and has offices in Los Angeles and France.

Contents

Career

Stover received his A.B. and M.B.A. from Columbia University in New York and did further graduate studies in semiology and art history at Ecole Pratique des Hautes-Etudes in Paris. [6] Stover “pursu[ed] a highly successful career as an investment banker” [6] [3] and beginning in 1990, was at the forefront of adapting special situations in continental Europe for investors in the U.S. and internationally.

In 2005, Stover founded Global Art Development, now Scott Stover Inc, a philanthropy advisory firm based in Los Angeles. [5] [7] [8] The firm's approach to strategic planning is anchored in finance to develop sustainable non-profit and for-profit projects designed for long-term impact. Stover has led projects internationally and his clients include cultural institutions and private foundations, government organizations and civic agencies, private collectors and families, artists, and artist foundations. Stover has launched and managed several private foundations, including Centre Pompidou Foundation, Shulamit Nazarian Foundation and Cahiers d’Art Institute. In addition to establishing the financial and legal framework of private foundations, he manages the structuring of operations, board building, programming, and marketing, branding, and communications.  

Stover advocates for a progressive venture philanthropy model that favors the sustainable philanthropy priorities of the millennial generation. [2] This approach departs from traditional forms of venture capital finance and favors impact-driven projects focused on achieving economic sustainability and philanthropic goals. [9] [10] Stover is regularly involved in public discussions about the future of arts and culture and his ideas have been quoted in Le Figaro, [11] Financial Times, [7] The New York Times, [1] Los Angeles Times, [6] The Art Newspaper, [5] Sotheby's Magazine, and HuffPost.

Centre Pompidou

In 2005, Stover was commissioned to revive Centre Pompidou Foundation, an American foundation dedicated to supporting the Centre Pompidou in Paris. [6] The Foundation's website states that its "mission is to raise funds to enable acquisitions, exhibitions, and conservation, and to encourage donating and loaning works of art to enhance the collection of the Centre Pompidou." [12]

Before Stover was named Founding Executive Director, the Foundation had been inactive for over 10 years since the death of its original founder, Dominique de Menil. [6] Stover successfully revived the Foundation, developing and implementing a strategic plan that generated cash grants, contributions and major gifts of art and design—including works by Robert Gober, Philip Guston, Hannah Wilke, David Smith and Sherrie Levine. [6] He also recruited the Foundation's first chair, Robert M. Rubin, whose donation of Jean Prouve's seminal Tropical House was the first major gift to the Foundation. [6] [13] Now known as the American Friends of the Centre Pompidou, the Foundation is considered a model in sustainable, cross-border philanthropy. [6] Stover managed and oversaw all of the Foundation's strategy and operations as executive director until 2013.

Cahiers d'Art Institute

As the current executive director of Cahiers d’Art Institute, Stover is spearheading a project to build and maintain a digital platform for catalogues raisonnés. [14] Central to the project, digital catalogues raisonnés will be "anchored" to the Blockchain—for the first time—and available to art professionals. [15]

Shulamit Nazarian Foundation

Between 2015 and 2017, Stover created a grant making U.S. non-profit for gallerist and philanthropist Shulamit Nazarian with a focus on Middle Eastern artists and projects. [16] [17] He also negotiated the Foundation's first major grant program, the creation of Dunya Contemporary Art Prize at the Museum of Contemporary Art, Chicago. [18] [19]

Recognition and awards

In 2013, Stover was named Chevalier de l’Ordre des Arts et des Lettres for his contribution to French arts and culture. [20] He has served as a member of the Fine Art Commission of the City of Beverly Hills and on the advisory board of BASMOCA, the Basma Al Sulaiman Museum of Contemporary Art. Stover has been a panelist for major international talks and conferences, and art fair events discussing the future of philanthropy and the arts. [2] [7] He has an award-winning garden in Provence, France. [21]

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References

  1. 1 2 Finkel, Jori (2020-04-23). "Los Angeles Dealers Create Their Own Virtual Gallery". The New York Times. ISSN   0362-4331 . Retrieved 2021-08-20.
  2. 1 2 3 Scutari, Mike (2016-07-27). "A Quick Dive Into the State of Arts-Related Venture Philanthropy". Inside Philanthropy. Retrieved 2021-08-20.
  3. 1 2 TAYLOR, KATE (2006-11-30). "France Comes To Miami Beach". The New York Sun. Retrieved 2021-08-23.
  4. ↑ Adam, Georgina (2014-05-02). "Takashi Murakami's debut sci-fi film". www.ft.com. Retrieved 2021-08-19.
  5. 1 2 3 Finkel, Jori (2015-11-04). "How do you tell the difference between philanthropy and a tax write-off?". The Art Newspaper. Retrieved 2021-08-19.
  6. 1 2 3 4 5 6 7 8 Suzanne, Muchnic (2009-05-05). "Centre Pompidou Foundation: L.A.'s French connection". Los Angeles Times. Retrieved 2021-08-19.
  7. 1 2 3 Spence, Rachel (2018-09-14). "Cultural hopscotch: Art Basel Cities comes to Buenos Aires". www.ft.com. Retrieved 2021-08-19.
  8. ↑ Finkel, Jori (2018-02-08). "The Getty, the world's richest museum, hunts for wealthy patrons". The Art Newspaper. Retrieved 2019-08-19.
  9. ↑ Leborgne-Bonassié, Marie; Coletti, Michele; Sansone, Giuliano (2019). "What do venture philanthropy organisations seek in social enterprises". Business Strategy and the Development. 2 (4): 349–357. doi:10.1002/bsd2.66. ISSN   2572-3170. S2CID   197889487.
  10. ↑ Weiss, Tara; Clark, Hannah (2006-06-26). "'Venture philanthropy' is new buzz in business". NBC News. Archived from the original on January 20, 2021. Retrieved 2021-08-20.
  11. ↑ "Fiac : les 10 figures qui comptent dans l'art contemporain". LEFIGARO (in French). 21 October 2015. Retrieved 2021-08-23.
  12. ↑ "American Friends of the Centre Pompidou". American Friends of the Centre Pompidou. Retrieved 2021-08-20.
  13. ↑ Pes, Javier (2012-04-01). "Pompidou at war with its US donors". The Art Newspaper.
  14. ↑ "RAISONLINE™ IS THE FIRST OFFERING OF A DIGITAL CATALOGUE RAISONNÉ ANCHORED TO THE BLOCKCHAIN. BY ARTEÏA AND CAHIERS D'ART". Communic'Art. 2018-11-05. Retrieved 2021-08-23.
  15. ↑ "French Firms Launch First-Ever Digital Catalogue Raisonné Solution Rooted in the Blockchain". ArtfixDaily. Retrieved 2021-08-23.
  16. ↑ "Artforum.com". www.artforum.com. 2018-04-23. Retrieved 2021-08-23.
  17. ↑ "Shulamit Nazarian Foundation" . Retrieved 2021-08-23.
  18. ↑ Greenberger, Alex (2018-04-23). "Sophia Al-Maria Wins MCA Chicago's New $100,000 Prize for Middle Eastern Art". ARTnews.com. Retrieved 2021-08-23.
  19. ↑ MILLER, JAMES H. (2018-04-23). "MCA Chicago launches Dunya Contemporary Art Prize and names first winner, Sophia Al-Maria". The Art Newspaper. Retrieved 2021-08-20.
  20. ↑ "Appointment in the Order of Arts and Letters September 2012". www.culture.gouv.fr. 24 September 2012. Retrieved 2021-08-20.
  21. ↑ Rafferty, Jean Bond (May 2008). "Form Follows Fancy" (PDF). Town & Country. May: 166–182.
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