Monday, March 22, 2010

How about "The Section 11 of the Indenture Foundation"?

Ed Winkleman watched The Art of the Steal and came away searching for a new name for the Barnes (he considers, among others, "The P.A.L. Foundation (for Pew Charitable Trusts; the Annenberg Foundation; and The Lenfest Foundation)").

He also says that "no one who watches this film could possibly imagine that the central Philadelphia location is anything Dr. Barnes would want his name attached to. It's the exact opposite of what he was very, very careful to put into his will as to his wishes for how his efforts should be remembered." It is in fact true that no one watching the film could possibly imagine that, but it's worth noting again in this connection Barnes chairman Bernard Watson's claim that the central Philadelphia location "was, in fact, anticipated by Section 11 of the Barnes Foundation Indenture," which includes the following:

". . . should it for any other reason become impossible to administer the trust hereby created concerning said collection of pictures, then the property and funds contributed by Donor to Donee shall be applied to an object as nearly within the scope herein indicated and laid down as shall be possible, such application to be in connection with an existing and organized institution then in being and functioning in Philadelphia, Pennsylvania, or its suburbs" (emphasis added).