What We’re Reading: Why endow a museum wing when you can fund archives?

“Hauser & Wirth Institute gives $700,000 in grants to preserving historical records,” reports Benjamin Sutton in the Art Newspaper. “One of the things we’re trying to do is set a new precedent for models of philanthropy in art,” says Lisa Darms, the executive director of Hauser & Wirth Institute.

Sutton elaborates, “Though underwriting archival efforts rarely commands as much attention as other art world philanthropy, such as funding eight- and nine-figure expansion projects, it can have a far more expansive effect in terms of preserving the art historical record and expanding the canon.”

Read the full article here.