During fair week in New York in mid-May, a panel at TEFAF New York examined the state of arts philanthropy. Sarah Arison, named 2024 president of the Museum of Modern Art board at age 39, leads the Arison Arts Foundation and chairs YoungArts while serving on boards including MoMA PS1 and American Ballet Theatre. Michi Jigarjian, CEO of Work of Art Holdings and a partner at 7G Group, leads the Rockaway Hotel in Queens and previously served as president of Baxter St at CCNY for 15 years. Both leaders described how arts philanthropy has changed over recent decades and how they and peers support artists and institutions amid uncertainty and opportunity.
"Arison was named president of the board of the Museum of Modern Art in New York in 2024 at the age of only 39, making her the youngest person to ever hold that position. The president of the Arison Arts Foundation, she also chairs the board of YoungArts and serves on a variety of boards, including those of MoMA PS1 and American Ballet Theatre."
"Jigarjian is CEO of Work of Art Holdings and a partner at 7G Group. She is the force behind the culturally rich Rockaway Hotel out in Queens, and for 15 years led the Baxter St at CCNY as its president. A first-generation Mexican American, she is on the boards of the Brooklyn Museum and MoMA PS1."
"During the panel, which was titled "Who Supports Art Now? Patronage in a Shifting Cultural Landscape," Arison and Jigarjian charted how arts philanthropy has changed in recent decades and described how they and their peers are leading institutions and supporting artists in a period of tremendous uncertainty-and potential."
Read at Artnet News
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