Modern & Affluent

Philanthropy

6 articles

A grand, traditional art museum contrasted with a vibrant, modern community arts collective, symbolizing the shift in cultural philanthropy and donor engagement.
Culture & Dialogue

Cultural philanthropy must radically reimagine itself to survive

In 2023, a major metropolitan art museum saw a 15% drop in its under-40 donor base.

Julian Abernathy·September 10, 2026
A stark visual contrast between a large, well-funded museum and a small, under-resourced community art studio, symbolizing the disparity in cultural philanthropy.
Culture & Dialogue

Cultural philanthropy funding models: Future shifts

In 2018, the Metropolitan Museum of Art alone received over $250 million in philanthropic support, a sum that demonstrates the immense scale of giving directed towards established cultural behemoths,

Julian Abernathy·August 28, 2026
Diverse audience members interacting with a contemporary art installation in a city square, highlighting community engagement with culture.
Culture & Dialogue

What are the modern manifestations of cultural philanthropy in 2026?

In 2025, while 62% of arts and culture organizations enjoyed a rise in their revenues, a disquieting 14% concurrently experienced audience declines—a figure more than double the 6% reported in the pri

Julian Abernathy·June 17, 2026
Ultra-modern luxury estate on a Palm Springs hillside with multiple pools and panoramic desert views at sunset.
The Portfolio

Philanthropist's Palm Springs hillside retreat lists for $19.5 million

Harold Matzner's Palm Springs estate, a breathtaking $19.

Olivier Dubois·June 12, 2026
Chefs present exquisite dishes at the 39th Annual Chefs' Tribute to Citymeals on Wheels, an event supporting elder hunger relief in New York City.
Taste

Citymeals on Wheels Hosts 39th Annual Chefs' Tribute in NYC

In a city of nearly 1.

Olivier Dubois·June 4, 2026
Expansive rewilded landscape with diverse flora and fauna, symbolizing Ted Turner's conservation efforts and legacy.
The Portfolio

Ted Turner Funds 2 Million Acres of Planet Rewilding

At 87, Ted Turner died on May 6, 2026, leaving 15 properties across the American West, Georgia, and Florida—two million acres dedicated to rewilding.

Chen Wei·May 21, 2026