third artist to be invited to contribute in such a way (the other two were Georges Braque in the 1950s and François Morellet in 2010). In 2011, the Museum of Modern Art, New York, made a large acquisition of nine works worth about $75 million. The Bacchus series and five bronze sculptures were given by Twombly's estate to Tate Modern in 2014. The Art Institute of Chicago hosted a two-year exhibition, "Cy Twombly: Sculpture Selections, 1948–1995". The exhibition featured examples of Twombly's sculptures made between 1948 and 1995, composed primarily of rough elements of wood coated in plaster and white paint. The Institute also holds prints, drawings, and paintings by the artist in its permanent collection. Recognition Twombly was a recipient of numerous awards. In 1984 he was awarded the "Internationaler Preis für bildende Kunst des Landes Baden-Württemberg" and in 1987 the . Most notably, he was awarded the Praemium Imperiale in 1996. Twombly was invited to exhibit his work at the Venice Biennale in 1964, in 1989 and in 2001 when he was awarded the Golden Lion at the 49th Venice Biennale. In 2010 he was made Chevalier of the Légion d'Honneur by the French government. During fall 2010 Tacita Dean produced a film on Twombly, entitled Edwin Parker. Cy Twombly Foundation Twombly's will, written under U.S. law, allocated the bulk of the artist's art and cash to the Cy Twombly Foundation. The foundation now controls much of Twombly's work. It has reported $70 million in assets in 2011, and $1.5 billion in the following two years. In 2012 it purchased a 25-foot-wide Beaux Arts mansion on 19 E 82nd St, Upper East Side Manhattan, planning to open an education center and a small museum. There is an additional foundation office on the Gaeta property. The four board members were divided in a lawsuit, settled in March 2014. In 2021, the Cy Twombly Foundation and the Louvre settled a dispute over an unauthorized renovation of Twombly's The Ceiling, the site-specific mural created for the Salle des Bronzes, and announced that the foundation had dropped the lawsuit in exchange for a plan to restore the gallery to the artist's original design. Art market In 1990, a Christie's auction set a record for Twombly, with his 1971 untitled blackboard painting fetching $5.5 million. In 2011, a Twombly work from 1967, Untitled, sold for $15.2 million at Christie's in New York. A