Fisk University Wins the Latest Round in Its Legal Battle to Share Its Art Collection

Since 2004, Fisk University, the historically black educational institution in Nashville, has been trying to sell all or part of its 101-piece Stieglitz Collection, which was donated to the university by artist Georgia O’Keeffe. The collection includes many paintings by O’Keeffe, as well as other works. The collection is valued at about $75 million. But a stipulation in the O’Keeffe gift says that the collection cannot be sold and must be displayed. Fisk University maintains that it needs to generate funds from this valuable asset to remain financially viable. The university had an agreement to loan the collection to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, for six months each year for a fee of $30 million. But the Tennessee attorney general opposed the agreement stating that it violated the terms of O’Keeffe agreement and went to court in order to keep the collection in Nashville. Fisk won the right to share the collection in a November 2010 ruling that was appealed by the attorney general.

Now the Tennessee Court of Appeals has ruled that Fisk can proceed with the arrangement with the Crystal Bridges Museum. Furthermore the court said that Fisk does not need to abide by a ruling by the trial court that mandated that Fisk set aside $20 million of the $30 million from the Crystal Bridges Museum for an endowment that would ensure for the proper care of the artwork.

The attorney general issued a statement saying the office was reviewing the court decision and would evaluate what course to take next.

 

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Report Established by State Senator Art Haywood Uncovers Racism in the Pennsylvania State System of Higher Education

"Ultimately, Pennsylvania's leaders and institutions should respect the dignity of all students," says Senator Art Haywood. "The work to ensure that dignity is intact for Pennsylvania's Students of Color continues with this report in hopes that one day the work will no longer be required."

Cynthia Gyamfi-Bannerman Appointed President of the Society for Maternal-Fetal Medicine

"I appreciate the support I have received from my faculty and trainee colleagues here at UC San Diego along with colleagues from around the world," says Dr. Gyamfi-Bannerman. "Together we will work to advance our field and our reach, improving patient outcomes and eliminating health disparities."

Rate of Black Homeownership in America Remains Virtually Unchanged Since 2012

The National Association of Realtors has found that although homeownership rates in American are steadily increasing, the rate of Black homeownership has experienced significantly less growth than White, Asian, and Hispanic homeownership since 2012.

Safiya George Named President of the University of the Virgin Islands

“As a servant leader, I am confident I will be an effective President for the University of the Virgin Islands and will remain humble and grounded with a sincere desire to improve outcomes and the lives of students, faculty, staff, and the community," says Safiya George, who will assume the role of president of the University of the Virgin Islands this summer.

Featured Jobs