Philanthropy
7 articles
How Philanthropists and Cultural Institutions Can Fund Cultural Diplomacy Strategically
Effective support for cultural diplomacy requires funders to align their goals with specific initiatives: individual exchange, institutional collaboration, or public showcase. Each mechanism offers distinct partnership models, funding timelines, and impact definitions, emphasizing the importance of patience and long-term relationship building for genuine cross-cultural understanding.
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.
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,
Young Collectors Want to Give—Museums Just Aren't Asking the Right Way
Young collectors under 45 express a strong desire to increase support for museums, yet traditional institutional models fail to engage them, leading to low membership rates and high cancellations. Museums must adapt their engagement, membership, and philanthropic strategies to align with this generation's preferences for digital discovery, social programming, and event-centered giving.
Philanthropist's Palm Springs hillside retreat lists for $19.5 million
Harold Matzner's Palm Springs estate, a breathtaking $19.
Citymeals on Wheels Hosts 39th Annual Chefs' Tribute in NYC
In a city of nearly 1.
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.