Fundación Kahlo Launches $50,000 Prize for Emerging Mexican Artists

The Fundación Kahlo, the New York–based nonprofit established by the family of the iconic painter Frida Kahlo, has announced the launch of a new prize to support emerging Mexican artists.Underwritten by the auction house Phillips, the Kahlo Art Prize will be awarded every other year and come with a $50,000 stipend, as well as opportunities for the winner’s work to be exhibited in Mexico City at the recently opened Museo Casa Kahlo.“Through the process of opening the muse