Endowments

Comment
Sustainability

Art museums should use their endowments to help battle climate change

In April, Harvard University announced plans to realign its $40bn endowment to reflect “net zero” greenhouse gas emissions by 2050—other US institutions can do the same

News
coronavirus

AAMD loosens rules for museums seeking to divert income amid coronavirus crisis

While legal hurdles remain, the museum directors’ association will not penalise members who redirect restricted funds to cover operating expenses