Safeco Donating Sperry Sculpture to University of Washington
Insurer Also Loaning Tsutakawa Fountain
SEATTLE, Sept. 5 /PRNewswire/ -- Safeco Insurance (NYSE: SAF) announced today it has reached agreement with the University of Washington on the donation of Robert Sperry's "Safeco Sculpture" and the long-term loan of the "Safeco Fountain" by renowned Northwest artist George Tsutakawa. (Logo: http://www.newscom.com/cgi-bin/prnh/20030428/SFM037LOGO) Sperry's sculpture is located just outside Safeco Tower, the company's headquarters in Seattle's University District, at the corner of NE 45th St and Brooklyn Ave. NE. Tsutakawa's fountain graces the plaza at Safeco Tower. The University of Washington purchased Safeco Tower when the insurer decided to move its headquarters to downtown Seattle. The move will take place in the fall of 2007. "Robert Sperry's 'Safeco Sculpture' was commissioned in 1991 as a site-specific work," said Jackie Kosak, curator of Safeco's corporate art collection. "We are donating this piece to the University of Washington because it harmonizes with the design of Safeco Tower and demonstrates the link between Robert Sperry and the new owners of the tower." Sperry was a member of the university's art department faculty for 27 years, serving as head of the ceramics program for 22 of those years. George Tsutakawa was on the UW faculty for 29 years. "We are thrilled to have these pieces by two such distinguished artists who were members of our faculty," said University of Washington Campus Art Administrator Kurt Kiefer. "We have only a small Tsutakawa fountain on campus so it's great to have this larger, better known piece as part of our environment. The Sperry piece is a fabulous addition to our collection; it was his first of any great scale and a great example of the unique ceramic technique that he pioneered." "The Tsutakawa Fountain has tremendous historic and sentimental value to the Safeco family," said Safeco's Jackie Kosak. "In addition to being an important work by a world renowned artist, it was the first commissioned work for Safeco's Corporate Art Collection and was dedicated when we opened Safeco Tower in 1973." "We are very pleased that the fountain will remain in its original setting during this time, and under the care of the University so beloved by George Tsutakawa. Keeping the fountain in our collection is a symbolic demonstration of Safeco's commitment to its original mission to its employees and the community. One day Safeco may find a home for the fountain at our new plaza, but in the meantime we are grateful to the University for their stewardship of this incredible work," added Kosak. Safeco also is taking the unusual step of upgrading and maintaining the Tsutakawa Fountain over the course of the long-term loan. The company wants to ensure the longevity of the fountain for the University of Washington and the University District community. The work will include re-tiling the fountain, upgrading the electrical work, and regular maintenance. Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The company sells insurance to drivers, homeowners and owners of small- and mid-sized businesses principally through a national network of independent distribution partners. For more information, visit http://www.safeco.com. Paul Hollie Lee Somerstein Safeco Safeco 206-545-3048 206-545-5037 firstname.lastname@example.org email@example.com
SOURCE Safeco Insurance
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