Streams

Ford Foundation Helps Keep American Folk Art Museum Open

Friday, September 23, 2011

The lights are staying on at the American Folk Art Museum.

The museum, which has been struggling financially, was saved by donations from its trustees and a major gift from the Ford Foundation. The cash will allow the organization to keep operating at its Two Lincoln Square home and to keep its collection intact.

In May, the museum announced the sale of one of its buildings to the Museum of Modern Art to pay a $32 million construction loan.

The American Folk Art Museum announced new leaders this week as well. The museum's new president is Edward V. Blanchard, a real estate developer and arts collector. The former president, Laura Parsons, is now the chairwoman of the museum.

With Julia Furlan and Dan Tucker

Tags:

More in:

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.

Comments [1]

modern art

Buy Matthew's Art Gallery Wall Decor items on eBay. Find a huge selection of items and get what you

want today.Matthew's Art Gallery Wall Decor items - Get great deals on items on eBay Stores!<a

href="http://stores.ebay.com/Matthews-Art-Gallery-Wall-Decor">modern art</a>

Oct. 22 2011 02:12 AM

Leave a Comment

Email addresses are required but never displayed.

Sponsored

Feeds

Supported by