The Fonds pour Paris – Paris Foundation was set up in May 2015. This institution has a totally new approach to fundraising in France. Paris was the first local authority in France to create a dedicated organization for the purpose of raising capital from the private sector to fund public projects.
MISSION
The Fonds pour Paris is dedicated to preserving and renewing Parisian heritage through innovative cultural projects with a strong emphasis on contemporary art. Knowing how culture and the renewal of heritage can promote harmony, improve the quality of life and positively impact the collective consciousness, the Fonds pour Paris – Paris Foundation has a mission to raise funds for its projects, financed exclusively by the private sector, either by companies or individuals.
To strengthen its international influence, the Fonds pour Paris created a mirror fund in the United States in 2016: Paris Foundation.
ARC DE TRIOMPHE
Artistic lighting of the monument
The Arc de Triomphe is an iconic Parisian monument overlooking the Champs-Élysées. It contributes to the city’s international in influence. The Parisian symbol of prestige, peace, and of fraternity will be highlighted permanently by the internationally renowned artist, Olafur Eliasson.
Artist: Olafur Eliasson
Type of project: Artistic Lighting
Cost: 6M€
INAUGURATION DATE: 2027
The Champs-Élysées Fountains
Restoration & Design
The Rond-Point on the Avenue Champs-Élysées is the focal point of one of the world’s most prestigious avenues. This circular space, vestige of 19th century urbanism, is composed of six sections featuring six fountains. Erwan and Ronan Bouroullec, famous french designers, created modern artworks to bring these fountains back to life.
Artist: Erwan and Ronan Bouroullec
Type of project: Art & Restoration
Cost: 6M€
INAUGURATION DATE: Spring 2019
Bouquet of Tulips JEFF KOONS
A symbol of remembrance
The “Bouquet of Tulips”, offered by the famous contemporary artist Jeff Koons to the City of Paris is a symbol of peace after the terrible terrorist attacks that hit Paris in 2015. Paris hosted, in the gardens of the Champs-Élysées, this emblematic work that is part of its heritage, like the Statue of Liberty is included in the heritage of New York.
Artist: Jeff Koons
Type of project: Contemporary Art
Cost: 3.5M€
INAUGURATION DATE: Launch date: october 2019
PALAIS GALLIERA
Creation of a permanent fashion museum
Paris is the Capital of fashion, both in design and for luxury goods. “ Haute Couture ” is part of its identity. Thanks to the restoration of the vaults, the first permanent fashion museum in France will be created to present the City’s prestigious fashion collection.
Artist: -
Type of project: creation
Cost: 4,5M€
INAUGURATION DATE: 2020
