The Helen Frankenthaler Foundation has given a $5 Million gift to Vermont’s Bennington College, which the artist graduated from in 1949.  “Helen‘s education at Bennington was critical to shaping her sensibility as a young artist, nurturing a spirit of risk-taking, experimentation, and inquiry that formed the basis of her creative process,” says Clifford Ross, chairman of the Helen Frankenthaler Foundation. “The foundation is delighted to be making this gift.”

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David Hockney’s foundation now holds £84 million in assets. The art is expected to eventually be gifted to museums in the two regions where Hockney resides – the Tate and The Los Angeles County Museum of Art. (more…)