FLAG Art Foundation Endows £200,000 Artist Prize at London’s Serpentine Galleries

New £200,000 contemporary art prize is biggest in UK

The Serpentine x Flag Art Foundation Prize is open to artists of any age, based anywhere worldwide, who have been exhibiting professionally for less than ten years

FLAG Art Foundation Endows £200,000 Artist Prize at London’s Serpentine Galleries

The New York–based FLAG Art Foundation will give £1 million ($1.3 million) to the Serpentine Galleries in London to endow a new artist prize. The Serpentine x FLAG Art Foundation Prize, as it will be called, will be awarded every other year to an international artist who will receive £200,000 ($265,000), as well as an exhibition and programming at both institutions and an accompanying catalog. The winning artists in this decade-long partners…