Aqueduct has charitable purposes to accept and manage culturally significant works and collections of fine art. We have developed policies and procedures for the acceptance, valuation and flexible management of art. Art may be sold to fund grants or granted to public galleries and museums.
How we work
Donations may be from collectors as part of their lifetime and estate plans. Aqueduct provides a single registered charity to receive and manage the work.
Aqueduct runs donor advised funds that function as artists foundations. These are typically established through an artist’s estate plan. Aqueduct provides full support for an artist’s legacy and management of works. This includes storage, inventory, granting, sales, loans, copyright, and even catalogue raisonné. Artists foundations are highly personal and require careful planning.
Frequently Asked Questions
An artist foundation is a fund, often established through an estate plan, that holds and manages artworks. Management includes grants, loans, sales and research into the artist’s work to ensure their public legacy is honoured.
Yes. Aqueduct has charitable purposes, which allows it to operate charitable programs such as community based scholarships, artist foundations, management of ecologically sensitive land, and managing charitable purpose real estate.
Aqueduct accepts a wide variety of property. Donations to Aqueduct Foundation may include cash, publicly traded securities, and mutual funds, as well as more complex assets such as art, real estate or private company shares.
