Endowments

News
Museums & Heritage

Minneapolis Institute of Art announces over $19m in gifts, including funds for a diversity officer, Latin American curator and deputy director

Museum, under pressure to embrace equity while facing revenue losses, says the money will shore up its endowment and operating budget

Comment
Museums

How museums can ethically invest their money

There are plenty of funds with good Environmental, Social and Governance ratings, and the financial returns often outperform the S&P 500

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