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TEFAF TALKS

The Road Ahead for Giving Back: Shifting Strategies for Art Philanthropy

After a century of fundraising strategies for the arts, how are younger generations changing perspectives on charitable giving in the art world?

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.

TEFAF Talks are interactive panel discussions exploring today’s most fascinating topics in the worlds of art, antiques, and design. Paired with leading content partners, these talks showcase the knowledge of leading experts in the broader TEFAF community. This talk is presented in partnership with The Art Newspaper, and Myriad USA and is moderated by Tim Schneider, acting art market editor at The Art Newspaper.

Panelists

Tim Schneider 1
Tim Schneider Acting Art Market Editor, The Art Newspaper
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Komal Shah Co-Founder, Shah Garg Foundation
Charles Hack Portrait 1
Charles Hack Real Estate Investor & Collector
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Leslie Ramos Philanthropy and Strategy Advisor

Image: Tom Powel Imaging, Courtesy Shah Garg Foundation