Collage by Hrag Vartaninan/Hyperallergic
A recent survey of independent museums of art and design in the US — published by Upstart Co-Lab, the Association of Art Museum Directors and the Black Trustee Alliance for Art Museums — finds that just 13 percent of museums are engaged in impact investing, compared to 47 percent of colleges and universities and 51 percent of foundations.
“What would it look like if museums turned their
billions toward positive good?”
The Marian B. and Jacob K. Javits Foundation,
in honor of Marian B. Javits,
has provided support towards the dissemination of
Cultural Capital: The state of museums and their investing.