Show me the money

Show me the money

This year's Bold Horizon National Contemporary Art Award (formerly the Trust Waikato National Contemporary Art Award) has announced that Rachel Kent, Senior Curator at Sydney's Museum of Contemporary Art, is the judge for the 2010 award. While the host museum and sponsor of the revamped award are endeavouring to position it as “one of New Zealand's premier art events”, the prize remains at $15,000, which is well short of other national art awards.

The Arts Foundation's annual Laureate Awards are worth $50,000 (five are awarded each year, across art forms) and the New Generation Awards are worth $25,000 (five are awarded bi-annually, also across art forms). And the Foundation administers the annual Harriet Friedlander Award, which sends an artist to New York for as long as the $80,000 award lasts, and the $25,000, bi-annual Marti Friedlander Photographic Award.  
With an estimated value of $160,000, the annual Wallace Art Awards include the Paramount Award, a six-month residency at the International Studio and Curatorial Programme, New York; the Kaipara Foundation Wallace Trust Award, a three-month residency at Altes Spital in Solothurn, Switzerland; the Fulbright Wallace Arts Trust Award, a three-month residency at the Headlands Centre for the Arts in San Francisco; and the Wallace Development Award, a two-month residency at the Vermont Studio Centre. 
And the winner of the bi-annual Walters Prize receives $50,000 plus an all-expenses-paid trip to New York to exhibit at Saatch & Saatchi's worldwide headquarters, with an additional $5000 going to each of the four shortlisted artists.