An active art collector, Allen gifted more than $100 million to support the arts. On October 15, 2012, the Americans for the Arts gave Allen the Eli and Edythe Broad Award for Philanthropy in the Arts. Allen also loaned out more than 300 pieces from his private art collection to 47 different venues. In 2013, Allen sold Barnett Newman's "Onement VI" (1953) at Sotheby's in New York for $43.8 million which at the time was the record price to have been paid for a work by the abstract artist.