difficult financial situation forced the leadership of Fisk University in Nashville (Tennessee) to go to extreme measures: to sell half the ownership of the collection of Georgia O'Keeffe (Georgia O'Keeffe) and her husband, Alfred Stieglitz (Alfred Stieglitz), presented to the university in 1949 year.

However, a court decision of Tennessee, a claim in which approached the state government, last Friday banned the university to sell donated works of art, because, he would break the will of donors. Thus, the impending deal between the University and the Museum of American Art Crystal Bridges in Arkansas, which was ready to pay 30 million, will not take place. The court decided to keep the collection in Nashville.

judge agreed with the arguments about the impossibility of the University to demonstrate the collection currently in the walls of the school due to lack of funds. In 2005, the exposition has been closed since the beginning of the gallery building is literally falling apart, causing a direct threat to the pictures.

now Fisk University to develop a plan to exit from the situation. One possible solution to the question - build a separate gallery for the collection in conjunction with the City Museum of Fine Arts Frist, that is financial attraction of local organizations. Similarly, out of the provisions of University of Kentucky, when faced with exactly the same problem.

Material prepared Maria Onuchina, AI

Sources: businessweek . com , artinvestment.ru