Uploaded November 2024 | Updated September 2026, 3 weeks ago
*Overview*
Alongside the much-discussed “Great Wealth Transfer” to younger generations, quantitative and qualitative evidence suggests there is also a “Great Perspective Shift” in progress regarding charitable giving to the arts. Decreasingly content to donate large amounts of capital to storied institutions for name recognition, many philanthropists—especially younger ones—are upending the fundraising and development strategies that have helped define the past 100 years of art and culture in the US.
This panel explores the forces motivating this shift in the donor class, the ways that art organizations are evolving their approaches in response, and the larger consequences these changes are already having on art’s place in the wider world.
*Panelists*
*Tim Schneider* — Acting Art Market Editor, The Art Newspaper
*Komal Shah* — Co-Founder, Shah Garg Foundation
*Charles Hack* — Real Estate Investor & Collector
*Leslie Ramos* — Philanthropy and Strategy Advisor
This TEFAF Talk was presented by The Art Newspaper & Myriad USA as part of TEFAF New York’s programming and took place on May 10, 2024
View full TEFAF Programming overview at tefaf.com/talks
*Overview*
Alongside the much-discussed “Great Wealth Transfer” to younger generations, quantitative and qualitative evidence suggests there is also a “Great Perspective Shift” in progress regarding charitable giving to the arts. Decreasingly content to donate large amounts of capital to storied institutions for name recognition, many philanthropists—especially younger ones—are upending the fundraising and development strategies that have helped define the past 100 years of art and culture in the US.
This panel explores the forces motivating this shift in the donor class, the ways that art organizations are evolving their approaches in response, and the larger consequences these changes are already having on art’s place in the wider world.
*Panelists*
*Tim Schneider* — Acting Art Market Editor, The Art Newspaper
*Komal Shah* — Co-Founder, Shah Garg Foundation
*Charles Hack* — Real Estate Investor & Collector
*Leslie Ramos* — Philanthropy and Strategy Advisor
This TEFAF Talk was presented by The Art Newspaper & Myriad USA as part of TEFAF New York’s programming and took place on May 10, 2024
View full TEFAF Programming overview at tefaf.com/talks
