The Ford Foundation and some trustees have stayed the closure of the American Folk Art Museum.
At a board meeting last night, according to published reports, the board decided against closing and transferring the museum’s collections and voted to remain open.
It also elected a new board president, Edward Blanchard, who told The New York Times: “We are confident that we’re embarking on a prudent course with the facilities that we have and the staff that we have. I think we’re going to do some very exciting things.”
There is no indication of the size of the new donations.