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The Liberal Philanthropy of Agnes Gund, emerita of the Museum of Modern Art The New Yorker July 6, 2017

Posted by bohdan.warchomij in : Metaphor Online, New Yorker , trackback

Agnes Gund, the president emerita of the Museum of Modern Art, sometimes runs out of ready cash for her liberal philanthropy. “This is why I have to sell so much art, because I promise things that I can’t really pay for,” she told Andrew Goldstein, the editor of Artnet, last month. Hence Gund’s sale of “Masterpiece” (1962), by Roy Lichtenstein, a painting that for years had hung above the mantel in her Park Avenue apartment. She has given a hundred million dollars, from the sale price of a hundred and sixty-five million, to establish the Art for Justice Fund, dedicated to relieving mass incarceration in the United States. (The Ford Foundation will administer the fund, as an extension of its prior commitment to criminal-justice reform.) This is a new cause for Gund, whose many past ones include Studio in a School, which she founded, in 1977, to counter cuts to city and state funding for art education in public schools, and, for the past fifteen years, a concerted opposition to repealing the estate tax.



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