Cultural giving among America’s top philanthropists fell slightly in 2014, according to an annual ranking of the 50 largest charitable donors released last week by the Chronicle of Philanthropy. This news might come as a surprise to US museum directors, who have been swiftly—and quietly—raising eight-, nine-, and ten-figure donations from eager patrons. Their ambitious capital campaigns make the austerity measures of the recent recession feel like a distant memory. — theartnewspaper.com
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