Philanthropy

News
Art market

UniCredit to sell off one of world's largest corporate art collections

The Italian bank, which just announced €1.4bn profit in first quarter of 2019, will offload some of the 60,000 works of art in order to fund social initiatives

News
Obituaries

Philanthropist Henry Wollman Bloch has died aged 96

Bloch was an avid collector who made important contributions to the Nelson-Atkins Museum

News
Cathedral of Notre Dame

Director of Pinault Collection proposes controversial 90% tax breaks for Notre Dame donors

But Pinault family says it is not seeking tax relief for its €100m donation towards the reconstruction effort

News
Private Museums

Software billionaire plans to turn decaying Potsdam restaurant into museum for East German art

Hasso Plattner also plans to put his Impressionist works on permanent display in his Barberini Museum

News
Conservation & Preservation

Fragile inheritance: US museums bridge skills gap in conservation of Chinese paintings

Philanthropic funding assures new training for the next generation of masters to emerge

News
Sackler Trust

Sackler Trust charity in UK suspends all new gifts

The move is a “face-saving” measure says US photographer and activist Nan Goldin

News
Appointments & departures

Terra Foundation’s transformational leader Elizabeth Glassman to step down

During her two-decade tenure, the Terra closed its Chicago museum and turned its attention to grant-making and collaborations

News
Conservation & Preservation

American donations shore up conservation efforts in France

From Paris to Chartres, US philanthropy makes its mark

Interview
Collecting

Collector's Eye: an interview with Wallis Annenberg

The Los Angeles-based philanthropist tells us what she's bought and why

News
Building projects

Couple donates $40m for MoMA's renovation and expansion

Acknowledging gift, museum names a film center after Debra and Leon Black

News
Donations

Major coup for Paris’s Institut du Monde Arabe as it receives one of its biggest ever donations of works

Gallerist Claude Lemand and his wife France also set up a fund to support the museum

News
Philanthropy

Sackler family—major cultural patrons—amassed $31.2m in offshore HSBC bank accounts, investigation finds

Mortimer Sackler opened a handful of accounts in Switzerland one month before federal prosecutors filed a lawsuit against Purdue Pharma in 2005

News

Dallas Museum of Art says thank you to a life-long patron

Institution recognises the “transformational” final gift of its late trustee Margaret McDermott with a special exhibition and new wall labels for more than 400 works she helped acquire

News
Private Museums

Moscow's Garage Museum still going strong at ten, despite co-founders’ split

Roman Abramovich and Dasha Zhukova will continue to fund their contemporary art museum

News
Funding

Will museums stop accepting Sackler money in wake of Massachusetts lawsuit?

Eight members of the family are being sued for helping to fuel the opioid epidemic through their pharmaceutical company

News
Philanthropy

Art for Justice Fund gives out $10m in new grants—including to art projects

The second round of funding will support works themed around incarceration by Xaviera Simmons, Hank Willis Thomas and Titus Kaphar, and a planned installation on the High Line

News
Philanthropy

Russian billionaire’s Peri Foundation will keep paying for culture after arrest

It is business as usual, says the organisation’s director, as its founder, Ziyavudin Magomedov, remains in custody awaiting trial on racketeering charges

News
Protest

Nan Goldin leads anti-opioid protest at the Met's Sackler Wing

In their first direct action, the artist and her activist group PAIN tossed prescription pill bottles labelled OxyContin into the moat surrounding the Temple of Dendur and staged a die-in

News
Philanthropy

Meet the collector who signed away her masterpiece to reform the criminal justice system

Agnes Gund talks to us about how she uses her philanthropy to push for change

News
Artists

Artists back Nan Goldin’s call to hold Sackler family to account over US opioid crisis

"Maybe the Sacklers don’t care, but we should give them the chance to discuss solutions, and if they rebuff, then f*** them"—Jeremy Deller

News
Protest

Online petition demands Sacklers and Purdue Pharma pay for rehab centres and Narcan dispensers

The activist group founded by the artist Nan Goldin, who revealed her struggles with opioid addiction, says it intends to pressure museums to refuse the philanthropic family’s money

News
Art Basel in Miami Beach

Miami fairs raise funds for hurricane-hit artists

Art Center/South Florida has matched Art Basel donation

News
Art Basel in Miami Beach

Design Miami award goes to artist-backed school in Africa

Art classes will be key to the school in Zambia, supported by Rashid Johnson and New York-based charitable foundation

News
Prizes

Knight Foundation awards $2.5m in grants to realise 43 Miami art projects

Funding will help bring the Creative Time Summit to South Florida, back a show on the Cuban artist José Antonio Aponte, and finance a “wine club for art” subscription collecting service

Comment
Funding

Culture is compromised by donations from the Sackler family: we must not accept any more of their money

Anna Somers Cocks on the revelations published in the New Yorker magazine

News
Funding

Business as usual for museums funded by Sackler opioid money?

Beneficiaries of the family’s largesse deflect or ignore questions about the donors’ role in the drugs epidemic sweeping the US

News
Philanthropy

Agnes Gund’s Art for Justice Fund awards $22m in grants to activist groups and social programmes

As well as backing arts-focused initiatives, the money will help support organisations working to make changes in government policy