Detroit institute of arts grand bargain
WebNov 7, 2014 · Detroit Institute of Arts’ Holdings SAFE as Judge Rules in Favor of ‘Grand Bargain’ Today, Judge Steven Rhodes approved a restructuring plan for the city of … WebOct 31, 2024 · Knight further committed $30 million to the so-called Grand Bargain, which helped Detroit emerge from bankruptcy in 2014 while meeting its obligations to pensioners and preserving the permanent collection of the Detroit Institute of Arts. “Great art, tough art, challenging art helps to tell a great city’s own story. ...
Detroit institute of arts grand bargain
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WebNov 8, 2014 · That deal protects the city from selling a noted art collection at the Detroit Institute of Arts and reduces the size of pension cuts. The Ford Foundation has donated the most money to the grand ... WebJun 9, 2014 · Ford, General Motors and Chrysler will donate a combined $26 million as part of a so-called grand bargain that would keep the Detroit Institute of Arts off the auction block, the Institute said ...
WebJan 6, 2015 · The DIA has reached its fundraising goal of $100 million. The funds were promised as part of Detroit’s grand bargain, the bankruptcy restructuring plan recently put in place to help pull the ... WebA critical component of Detroit’s plan to exit bankruptcy in December 2014 was coined the “Grand Bargain.” Its goals were to prohibit the sale of artwork from the city-owned … The Detroit Institute of Arts, known affectionately as the DIA, is a world …
WebJan 9, 2015 · Jan. 9, 2015 3:31 PM PT. Graham Beal will retire in June after 16 years as director of the Detroit Institute of Arts, capped by his leadership as the art museum fought to preserve its masterpieces ... WebJul 11, 2014 · The first formal appraisal of the Detroit Institute of Arts' entire collection of more than sixty thousand works puts its value at between $2.8 billion and $4.6 billion, potentially complicating Detroit's bankruptcy proceedings, the Detroit Free Press reports.. Commissioned by the City of Detroit and DIA, the report (112 pages, PDF) from art …
WebAug 6, 2014 · The Detroit Institute of Arts has announced a $1 million pledge from Toyota Motor North America toward DIA’s commitment to raise $100 million as part of a "grand bargain" designed to help Detroit emerge from bankruptcy, support the pensions of retired city employees, and protect the museum’s collection from being broken up and sold.. …
WebJun 28, 2015 · One controversy that dogged Beal just before the grand bargain and Detroit bankruptcy were finalized concerned significant raises for top museum executives, including $90,000 in bonuses for 2013. birch woods drive beverly maWebApr 10, 2024 · Members of Detroit's City Council are slated to ... and $18.7 million would come from the Foundation for Detroit's Future and the Detroit Institute of the Arts as part of the Grand Bargain ... birchwood school west nyack nyWebNov 8, 2014 · A so-called grand bargain to monetize Detroit’s world-class art collection helped pave the way for the city to exit bankruptcy protection after 15 months. birchwood searchWebJul 17, 2014 · The Detroit Institute of Arts is closer to fully funding its portion of the “grand bargain.”The museum announced $26.8 million in additional corporate ... we’ll have … dallas to london cheap flightsWebThe Detroit Institute of Arts ( DIA ), located in Midtown Detroit , Michigan , has one of the largest and most significant art collections in the United States. With over 100 galleries, it … birchwood school warringtonWebDec 10, 2014 · Dec 10, 2014. Today, the City of Detroit, State of Michigan, the twelve foundations represented by an affiliate of the Community Foundation for Southeast Michigan and The Detroit Institute of Arts closed the Grand Bargain, which Judge Steven W. Rhodes of the United States Bankruptcy Court for the Eastern District of Michigan … birchwood self storageWebDec 25, 2013 · Philanthropist Paul Schaap says selling the Detroit Institute of Arts' masterpieces would devastate the city's morale. Christie's has appraised some works in the collection; the auction house ... dallas to london flight miles