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The announcement in mid-July that the San Francisco Art Institute (SFAI) would cease operations, no longer offering courses or degrees, is a significant and telling event.
The recent shuttering of the San Francisco Art Institute was expected to close off the...
“As a non-collecting institution … several potential paths to financial stability could include endowing the mural in place … or major donor/s joining current contributors to create a well-funded endowment,” Levy wrote. “Regarding the Rivera, our first choice would be to endow the mural in place, attracting patrons or a partner organization who would create a substantial fund that would enable us to preserve, protect and present the mural to the public.” Overlooking the city’s famed Fisherman’s Wharf, SFAI is unique in the US: a private institution of higher learning focused o...
Officials unanimously voted to protect the $50 million artwork after the San Francisco Art Institute threatened to sell it to cover debts.