Tuesday, December 14, 2004

baltimoresun.com - Judge OKs uprooting of Barnes collection

baltimoresun.com - Judge OKs uprooting of Barnes collection: "Judge OKs uprooting of Barnes collection
Ruling allows foundation to relocate to Philadelphia despite terms of bequest
By Mike Boehm and Diane Haithman
Los Angeles Times
Originally published December 14, 2004
In a case watched for its possible impact on philanthropy, a Pennsylvania judge ruled yesterday that art intended to stay put - the treasured, highly idiosyncratic but deficit-ridden Barnes Foundation collection - can be uprooted despite the terms of the donor's bequest.
The decision opens the way for the cloistered collection amassed by pharmaceutical tycoon Albert C. Barnes to be moved from suburban Merion, Pa., and housed in a more conventional $100 million showplace in downtown Philadelphia. There, attendance and revenue are expected to soar. "

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