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The K Foundation was an arts foundation set up by Bill Drummond and Jimmy Cauty in 1993 following their retirement from the music industry. Essentially the K Foundation consisted purely of the money that duo made as The KLF. From 1993 to 1995 they spent the money in a number of ways including a series of Situationist-inspired press adverts and an extravagant subversion of the art world, in particular the Turner Prize. Most notoriously, when their plans to use the money as part of a work of art fell through, they burnt a million pounds in cash. Currently active as a writer and artist, Bill Drummond (born April 29, 1953) is best known as co-founder of The KLF, the avant-garde pop group of the late eighties, the K Foundation, its nineties avant-art media-manipulating successor, and for burning a million pounds in 1994. ...
James Cauty, Jimmy or Jimi, also known as Rockman Rock, was born in Devon, England in 1956 and not much is known about him until, as a 17-year old artist, he painted a popular Lord of the Rings poster (and later, a counterpart based on The Hobbit) for Athena. ...
The KLF (Kopyright Liberation Front), more recently known as the K Foundation, also known as The Timelords, furthermore known as The JAMs, was one of the seminal bands around the time of the Acid House movement in Britain in the late 1980s and early 1990s. ...
The Situationist International (SI), an international political and artistic movement, originated in the Italian village of Cosio dArroscia on 28 July 1957 with the fusion of several extremely small artistic tendencies: the Lettrist International, the International movement for an imaginist Bauhaus, and the London Psychogeographical Association. ...
The Turner Prize is an annual prize given to a British visual artist under 50, named after the painter J.M.W. Turner. ...
Resources ArtLex. ...
The K Foundation was wound up on November 5th, 1995 when Drummond and Cauty selected the (incredibly obscure) Workshop For A Non-Linear Architecture bulletin to announce a moratorium on K Foundation projects. Part of their announcement also indicated that they would not speak about the burning of the million pounds during the period of this moratorium
K Foundation adverts The first manifestation of the K Foundation was a series of adverts in UK national newspapers (both in the magazine supplements of the quality broad sheets and in the tabloid press). The first adverts were cryptic referring to "K Time" and advising readers to "Kick out the clocks". There was also an advert for their single "K Sera Sera" which was "Available nowhere ... no formats" and which was not planned for release until world peace was established.
Turner Prize subversion - Main article: K Foundation art award
Later adverts asked the public to "Abandon all art now" and then invited members of the public to vote for the worst artist of the year. The 1993 Turner Prize was being judged at the same time, and both awards had the same shortlist of four artists. The prize being offered by Drummond and Cauty was £40,000 which was double the £20,000 offered for the Turner Prize. The K Foundation's award was for the year 1994, as if to prove that the K Foundation were ahead of the rest of the art world (although since Drummond and Cauty are numerologists with an obsession about the number 23 it should also be pointed out that 1 + 9 + 9 + 4 = 23). The 1994 K Foundation award was an award given by the K Foundation to the worst artist of the year. ...
1993 is a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ...
The Turner Prize is an annual prize given to a British visual artist under 50, named after the painter J.M.W. Turner. ...
1994 was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ...
Numerology is an arcane study of the purported mystical relationship between numbers and the character or action of physical objects and living things. ...
23 (twenty-three) is the natural number following 22 and preceding 24. ...
Channel 4 broadcast coverage of the Turner Prize, during which three K Foundation TV adverts were broadcast—these announced the "amending of art history". The eventual winner of the Turner Prize was Rachel Whiteread, who 'coincidentally' also won the K Foundation Prize for worst artist of the year. Whiteread initially refused to accept the K Foundation award, but after being told that the money would be incinerated, she reluctantly accepted and later donated the money to struggling young artists. Channel 4 is a public service television broadcaster in the United Kingdom (see British television). ...
Whiteread at work Rachel Whiteread (born 1963) is a British artist, best known for her sculptures, which typically take the form of casts. ...
The K Foundation burn a million pounds On the August 23, 1994, in a boathouse on the island of Jura, just off Scotland, Bill Drummond and Jimmy Cauty incinerated £1,000,000, an act that required the biggest cash withdrawal in British history. The burning was witnessed by an old friend and freelance journalist Jim Reid, who subsequently wrote an article about the act for the Observer, and filmed on Super 8 by their friend Gimpo. August 23 is the 235th day of the year in the Gregorian Calendar (236th in leap years), with 130 days remaining. ...
1994 was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ...
Jura shown within Argyll Jura is a Scottish island, in the Inner Hebrides. ...
Royal motto: Nemo me impune lacessit (Latin: No one provokes me with impunity) (Scots: Wha daur meddle wi me) Scotlands location within the UK Languages with Official Status1 English Gaelic Capital Edinburgh Largest city Glasgow First Minister Jack McConnell Area - Total - % water Ranked 2nd UK 78,782 km² 1. ...
Jim Reid on-stage in 1999 Jim Reid (born 29 December 1961) was the lead singer for critically acclaimed British indie band The Jesus and Mary Chain, which he formed with his elder brother and guitarist William Reid. ...
Possible meanings: In general, an observer is any system which receives information from an object. ...
Super 8mm film is a motion picture film format that was developed in the 1960s and released on the market in 1965 by Eastman Kodak as an improvement of the older 8mm home movie format. ...
Alan Goodrick is usually known by his nom de guerre Gimpo. ...
Reid admitted to feeling first shock and guilt and about the burning, but after about 10 minutes this became boredom. The money took well over an hour to burn as Drummond and Cauty fed £50 notes into the fire. Drummond now says [1] that only about £900,000 of the money was actually burnt – the rest flew straight up the chimney. Apparently local residents were searching the shoreline for charred and singed banknotes for days. The press also reported that one of the islanders handed £1,500 into the police—this was not claimed and was returned to the finder. [2] [3] The K Foundation destroyed the copy of the film—they felt that the public had to have faith that the burning had taken place. It was 10 months later that Gimpo revealed to them that he had secretly kept a copy. This article discusses faith in a religious context. ...
Why did the K Foundation burn a million pounds? - Main article: Watch The K-Foundation Burn A Million Quid
Exactly one year to the date of the act (August 23, 1995), Drummond and Cauty returned to Jura for the premier screening of the film, now known as Watch The K-Foundation Burn A Million Quid. Watch the K-Foundation Burn a Million Quid is a 16mm colour documentary film of the K Foundation burning a million pounds in cash. ...
one million uk pounds burnt by the K Foundation File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
August 23 is the 235th day of the year in the Gregorian Calendar (236th in leap years), with 130 days remaining. ...
1995 was a common year starting on Sunday of the Gregorian calendar. ...
Watch the K-Foundation Burn a Million Quid is a 16mm colour documentary film of the K Foundation burning a million pounds in cash. ...
The film was then toured around the UK (with one showing in Belgrade as well) over the next few months, with a Q&A session at the end of each screening where members of the audience asked Drummond and Cauty why they burnt the money and also offered their own interpretations. For frequently asked questions about Wikipedia, see Wikipedia:FAQ FAQ (Frequently Asked Questions) are a series of questions and answers all pertaining to a certain topic. ...
However Drummond and Cauty quickly became bored of the questions - they felt that nothing new or interesting was coming forward. So, on November 5, 1995 Drummond and Cauty signed a contract agreeing to wind up the K Foundation and never to speak about the money burning for a period of 23 years, ending November 5, 2018. The contract was signed on the bonnet of a rented car which they then pushed over the edge of the cliff at Cape Wrath. The contract was also announced in the final K Foundation press advert. November 5 is the 309th day of the year (310th in leap years) in the Gregorian Calendar, with 56 days remaining. ...
1995 was a common year starting on Sunday of the Gregorian calendar. ...
A contract is any legally-enforceable promise or set of promises made between parties. ...
2018 is a Common year starting on Monday. ...
A small variety of cars, the most popular kind of automobile. ...
Cape Wrath lighthouse Cape Wrath is a cape in northern Scotland. ...
On September 17, 1997, the 3-minute film This Brick was premiered. The film consisted of one 3-minute shot of a brick made from the ashes of the money burnt at Jura. September 17 is the 260th day of the year (261st in leap years). ...
1997 is a common year starting on Wednesday of the Gregorian calendar. ...
On September 27, 1997 a book written by collaborator Chris Brook and Gimpo entitled K Foundation Burn A Million Quid (ISBN 0954165659, ISBN 1899858377 paperback) was published by Ellipsis. The book contains stills from the film and transcriptions of various Q&A sessions from the tour. September 27 is the 270th day of the year (271st in leap years) in the Gregorian Calendar, with 95 days remaining. ...
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