Ed Cauduro Gives $1 Million to PNCA
Ed Cauduro's generous $1 million gift to PNCA will endow four student scholarships.
D.K. Row begins his piece with “The Pacific Northwest College of Art continues its ascent…”
With a generous gift of $1 million from the Portland art collector Ed Cauduro, PNCA has reason to be looking up.
Row writes: “The gift will be used to fund four individual renewable scholarships worth $10,000 and will be available to students in the college’s bachelor’s and master’s programs beginning with the 2008-09 academic year. A special committee composed of faculty and staff will pick the students based on financial need and academic achievement. The school numbers about 440 full-time students and roughly 600 continuing education students.”
Cauduro could be considered the city’s “most astute art collector, an example of the type of collector Portland has not had often enough. Using a modest inheritance and money earned from numerous jobs, including selling antiques, Cauduro purchased work by some of the national art world’s more celebrated talents of the time — Terry Winters, Jean-Michel Basquiat and Julian Schnabel among them.”
The College recently acquired, through a free Department of Education transferal, the historic former federal post office at 511 NW Broadway. The building will be the future center of the PNCA campus, and will be the locus of a few of the College’s still fomenting plans: the Ford Institute for Visual Education (launched last year with a $15 Million gift from the late Hallie Ford), and the College’s growing graduate programs. Additionally, as Row reports, the College’s endowment is $11 million, up from $3.5 million four years ago.
“We have an amazing story to tell,” Manley says. “We have friends who are committed to the school because we are a college and because of what the college means for the visual arts landscape in the city. Together, those things are very powerful.”