crystal bridges museum

12:15pm

Wed November 30, 2011
Attorney General Fears Impact on Future Donations

Fisk Granted Permission to Sell Stieglitz Art

NASHVILLE, Tenn. (AP) - The Tennessee Court of Appeals ruled yesterday that Fisk University can share its Stieglitz art collection with Crystal Bridges Museum in Arkansas.

The court also removed a trial court stipulation that required Fisk to put $20 million of the $30 million it expects to get from Crystal Bridges into an endowment. The lower court had said Fisk should put that amount aside to maintain the art in the future.

Fisk has said it needs all of the funds now to stay financially viable.

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