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Mr. Lynch, vice chairman of Fidelity Management and Research Co., said he would will give the university’s McMullen Museum of Art 27 paintings and three drawings by artists including Pablo Picasso, Winslow Homer, Mary Cassatt and Diego Rivera. The donation comes with a $5 million grant to support the curation of the museum’s new Carolyn A. and Peter S. Lynch Collection.
Whole World SHOULD beware!!!
Art collections are public money laundering. Who decides prices for art? Artwork worth 500k magically worth 3M a few months later? Why? Art can be moved wherever, whenever. Do you pay taxes for trading or donating works?
The man felt the breath of eternity. With every breath of death, everything material falls from us like leaves from trees in autumn. Well done Peter.
Charity to one’s university is one of the most futile engagements. ⚡️It’s like someone donating their personal net worth to Louis XVI in the run up to the French Revolution. Colleges and Universities are passé.