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Overview of organization: The Federal Reserve Board
is the government agency that oversees the Federal Reserve System, the
central bank of the United States. In 1975, Federal Reserve Board Chairman
Arthur F. Burns founded the Fine Arts Program in response to an earlier
White House directive encouraging federal partnership with the arts. The
Federal Reserve Board's Fine Arts Program was conceived as a way to enhance
the work environment for employees while providing official visitors with
a memorable experience. Through gifts and donations, the Federal Reserve
Board has acquired more than 350 paintings, sculptures, prints, drawings,
and photographs, which are displayed throughout the Board's three buildings
in Washington, D.C.–including the famous Eccles Building, designed
by Paul Philippe Cret (1876–1945) and dedicated by Franklin Delano
Roosevelt in 1937. In addition, the program has organized more than 100
exhibitions, borrowing artworks from museums, private collections, and
other central banks from around the world. |