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Goodwill gives back $500,000 statue

Sept. 10, 2009 at 2:08 PM

MIAMI, Sept. 10 (UPI) -- The president of Goodwill South Florida said a sculpture donated by an investment firm will be returned after it was found to be worth $500,000.

Dennis Pastrana, president and chief executive officer of Goodwill South Florida, said the 2 1/2-ton bronze statue, which depicts a young ballerina, was donated to Goodwill's Miami warehouse in May by an investment firm that asked to remain anonymous, The Miami Herald reported Thursday.

Pastrana said the piece was identified as the work of famed sculptor Sterett-Gittings Kelsey and officials contacted the investment firm to inform them of the piece's $500,000 value. He said officials offered to return the statue and the firm accepted the offer with a promise to otherwise compensate Goodwill.

Goodwill said the statue, which was created in 1985, will be returned to the investment firm Thursday.

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