PARIS.- Carré Rive Gauche association announces the creation of Carré Rive Gauche Endowment Fund. The purpose of the fund is multiple: providing financial backing for restoring art works, designing the presentation of a museum collection that has not yet been exhibited to the public, organizing exhibitions and publications in the field of art or creation in the areas of design and crafts Made in France such as painting, sculpture, photography, woodwork or tapestry.

The antique dealers and art galleries of the association are the first contributors to this innovative means of patronage and are thus adopting an unprecedented philanthropic attitude.

Two funding projects are planned for the year 2015, initiating the philanthropic momentum sought after by the Carré Rive Gauche Endowment Fund, which has chosen, for this first year of its existence, to focus specifically on the restoration of works of French heritage:

• The Carré Rive Gauche Endowment Fund is to finance to the amount of 10,000 euros the restoration of the painting by Victor Schnetz (1787-1870), Combat devant l’Hôtel de Ville de Paris le 28 juillet 1830. This canvas of 4x4m, charged with highly symbolic republican values, has been kept in the museum’s storage area.

This funding will enable the painting to be restored and hung within a new gallery painted in red and now dedicated to the romantic period. This forgotten masterpiece will be unveiled at the Petit Palais on 19 September 2015, on the occasion of European Heritage Days.

• In partnership with the musée des Arts décoratifs, the Carré Rive Gauche Endowment Fund has also chosen to finance to the amount of 5,000 euros, the restoration of a four-panel wrought iron screen created by Raymond Subes (1891 - 1970) in around 1934 and produced in the Borderel et Robert workshops in Paris. This screen was presented in the entrance hall of the "French Family Household" in the Palais de la France at the Universal and International Exhibition in Brussels in 1935.

To be unveiled on 19 September, on the occasion of the European Heritage Days, this screen will be exhibited in the final room of the Art Nouveau-Art Deco department, on the third floor of the Marsan pavilion.