Case Study | Artistic patronage harmonizing finance & culture
The Charitable Museum Endowment Fund
Published on in “Art”, language — English. 5 pages.
Javier and Lorena Lumbreras had a dream; rescuing a splendid 16th -century Jesuit school, Saint Nicholas Church and other adjacent buildings in a state of ruin and disrepair, along archaeological medieval and Roman findings, located in Arévalo, Spain. The ambitious scope of the project COLLEGIUM led to the creation of The Charitable Museum Endowment Fund, an open-ended hedge fund that aims to reduce or permanently eliminate a museum’s dependency. More
