Emin frequently donates original artworks for charity auctions, and has often adopted the role of auctioneer on the charity night to help increase the highest bid.
Mr. Emmerich added that if it became advantageous once again to donate artworks to museums, a scarcity of museum-quality works on the market could raise prices.
His great grandson, Carson Young Sweet Ferri Carson Grant has donated several other artworks to the Pettaquamscutt Historical Society Museum in RI.
Mr. Edlis said he sometimes donates artworks and at other times sells them through dealers or at auction - but rarely does so under his name.
It is the first time the advertising magnate has donated artworks to any institution other than his own small London museum.
Ruston is a regular contributor to the charity Lawnfest, having donated original artworks to the art exhibition and auction event in aid of The New School at West Heath, Sevenoaks.
C.V. Whitney donated important artworks to various museums.
Before his death in 1996, Kirstein donated all his papers, artworks, and other materials related to the history of dance and his life in the arts to the Dance Collection.
Art Donations The new tax package gives patrons of the arts a one-year window of opportunity to donate artworks to museums and deduct their appraised market value without incurring alternative-tax liability.
At MOCA alone, he spearheaded art auctions, donated major artworks and provided funds for a 1997 Ellsworth Kelly retrospective.