The Museo del Prado, the main Spanish national art museum located in Madrid, received the largest private donation in decades on Tuesday, January 29, 2013. Prado officials announced that the museum was the recipient of 12 medieval and Renaissance works by Spanish artists.
Barcelona-based businessman and engineer Jose Luis Varez donated the collection to the institution during a ceremony, which counted the Spanish Prime Minister Mariano Rajoy among its guests. Jose Pedro Perez Llorca, president of the Prado’s board of trustees, said, “These aren’t times of lavish state spending, so this donation is generous and tremendously timely.” Spain’s dire economic standing has led to severe spending cuts in an attempt to meet public deficit targets.
The recently acquired paintings and sculptures include the central panel of an altarpiece from a church in northeastern Spain titled The Virgin Tobed (1359). The Catalan Italo-Gothic painting is believed to be by 14th century artist Jaume Serra (died after 1405). The works will join the Prado’s exemplary collection, which includes paintings by Spanish masters such as El Greco (1541-1614), Diego Velázquez (1599-1660), and Francisco de Goya (1746-1828).
To thank Varez for his generous donation, the Prado will name a room in the museum in his honor.