On January 7, 2008, at the age of 83, artist Boris Lurie passed away. At the time of his death, Lurie’s investments were worth an estimated $80 million. He left no heirs, and his handwritten will specified that his entire estate go toward creating the Boris Lurie Art Foundation.
The foundation will clean and restore more than 600 of Lurie’s works and publish many of his writings. The foundation’s mission statement also describes a program of grants of up to $25,000 to “unrecognized, innovative artists in all media… whose work broadly embraces the spirit of the NO!art movement represented by the life and work of the Founder Boris Lurie.”