SFMOMA turns 'timeshare' gifts into an art form - 2005-08-22

SFMOMA turns 'timeshare' gifts into an art form - 2005-08-22: "SFMOMA turns 'timeshare' gifts into an art form
Sarah Duxbury

SFMOMA has emerged as a big player in the art world's timeshare market.

It's not buying or selling vacation properties. It's using so-called fractional gifts to build and improve its collection. In a fractional gift, a donor grants partial ownership of a work of art to the museum. The museum gets to display it for a proportionate part of the year, while the owner gets a corresponding tax break and doesn't have to give up the work all at once."