The Baltimore Museum Walked Back Plans to Sell Art to Fund Equity Initiatives Now, It s Raised $1 5 Million the Old-Fashioned Way artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.
Art from Maryland on view at the Baltimore Museum of Art Baltimore Museum of Art
Stymied in its bid to sell three blue-chip Modern masterworks last fall to help finance its diversity, equity and other goals, the Baltimore Museum of Art (BMA) says it has received three gifts to support such initiatives at the museum.
The museum reports that the philanthropist Eileen Harris Norton has donated $1m to finance diversity, equity, accessibility and inclusion (DEAI) efforts. Half of the gift will go towards outlays for those purposes over the next three years, and half will seed the creation of an endowment to ensure that such efforts continue, the BMA says.
Subject: How the Richest Donors Gave Last Year
Welcome to Fundraising Update. This week, we re diving deep into 2020 s biggest donors. Plus, how nonprofits respond to a major benefactor s bad behavior.
I’m Emily Haynes, a staff writer at the
Chronicle of Philanthropy, holding down the fort for Eden Stiffman while she takes a well-deserved break. If you have ideas, comments, or questions about this newsletter, write me at emily.haynes@philanthropy.com.
Thanks to sponsor Data Axle for supporting Fundraising Update.
The New Focus of 2020 s Top Donors
Every February, the
Chronicle of Philanthropy reports on the 50 donors who made the biggest gifts during the previous calendar year. My colleague Maria Di Mento heads up the project, and it s no easy task.