The Palmetto Bank of South Carolina has completed a $250,000 endowment pledge, initially made in 2008, to the Spartanburg Art Museum (SAM) in Spartanburg, South Carolina. The funds will support the museum’s permanent art collection, which contains close to 800 works.
The Bank's pledge was made to honor prominent South Carolina arts patrons Les and Betty McMillan. Les, a retired architect with McMillan Pazdan Smith, served on the Board of Trustees for the Spartanburg Arts Council for many years, as well as the SAM Board of Trustees. He also served on the local Palmetto Bank Advisory Board. It was through McMillan’s service that the endowment was secured.
The Palmetto Bank is a recognized supporter of the arts in the greater Spartanburg community and throughout South Carolina. As Rob Hrubala, Senior Vice President at The Palmetto Bank in Spartanburg, explains, “The Palmetto Bank has a solid history of supporting the arts throughout South Carolina. We believe the arts add value to a community and the return on investment can be measured in both dollars and quality of life. Spartanburg Art Museum’s permanent collection is a fine example of building a worthy and notable program that ensures the visual arts’ importance in the fabric of life for Spartanburg’s citizens.”
The collection, now aptly named The Palmetto Bank Endowed Permanent Collection, is a key element of the Museum. SAM also exhibits pieces from the collection at the Chapman Cultural Center, also in Spartanburg, including works by Andy Warhol and Norman Rockwell, as well as artists based in South Carolina.
In regard to its arts support, The Palmetto Bank has also invested in a corporate collection at its Greenville headquarters, which recognizes many of the state’s most talented artists. Additionally, the Bank supports other arts institutions in South Carolina, including the Greenville Symphony, the Peace Center for the Performing Arts, Greenville County Museum of Art, Anderson County Arts Center, and the Arts Council of Greenwood County-Emerald Triangle Project.
For more information on The Palmetto Bank’s continued community investments through the arts, visit PalmettoBank.com.