Peabody Essex Museum

Image of First Republic Arts client(s) Peabody Essex Museum (PEM)
First Republic has played an essential role in our growth, helping us create transformative experiences.
Peabody Essex Museum | Massachusetts Client of First Republic Bank Since ’12

The Peabody Essex Museum, founded in 1799, has been one of America’s fastest growing art museums over the past quarter century — increasing its operating budget by a factor of ten, its endowment by a factor of more than twenty, and adding over 300,000 square feet of new facilities. PEM is committed to creating transformative experiences of contemporary and historical art, culture and creative expression for audiences world-wide. Innovation and creativity are central to PEM’s values. In fact, PEM is the only art museum in the world to employ a full-time neuroscientist to help design more impactful art experiences. Since 2012, PEM has worked with First Republic to finance further growth, including a 40,000 square foot gallery expansion and a brand new Collections Center. PEM appreciates the Bank’s deep understanding of nonprofit organizations and the shared commitment to teamwork and truly unique client experiences.

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Dan L. Monroe, Retired Marie and Eijk van Otterloo Director and CEO

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