Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

An Alexander Calder Retrospective in Paris Underscores His Inventiveness

A major retrospective of Alexander Calder's work is currently on view at the Fondation Louis Vuitton in Paris, marking the 100th anniversary of the artist's arrival in the city. The exhibition, running through August 16, 2026, presents a comprehensive overview of his career, featuring sculptures, drawings, archival material, and jewelry that highlight his innovative fusion of engineering and abstraction.

Everything You Need to Know About LACMA’s New David Geffen Galleries

LACMA has opened its new David Geffen Galleries, a single-story building spanning Wilshire Boulevard that houses the museum's permanent collection spanning 6,000 years of art. The galleries feature a revolutionary curatorial approach organized around bodies of water—Atlantic, Mediterranean, Indian, and Pacific—creating nonhierarchical displays that mix works across time and geography, such as 17th-century Dutch paintings alongside 20th-century photography. The building also includes 3.5 acres of shaded public space below, outdoor sculptures by artists like Alexander Calder and Jeff Koons, and a 220,000-square-foot pavement artwork by Mariana Castillo Deball.

Alexander Calder, Brilliant Sculptor of Air and Color Celebrated at the Fondation Vuitton

Alexander Calder, génial sculpteur de l’air et de la couleur célébré à la fondation Vuitton

The Fondation Louis Vuitton is hosting a major celebration of Alexander Calder, the American sculptor who revolutionized 20th-century art by introducing movement and play into the medium. The article traces Calder's formative years in Paris starting in 1926, where the young engineer-turned-artist gained avant-garde fame with his 'Cirque Calder'—a miniature circus of wire and fabric figurines. This period marked his transition from traditional painting to his signature 'drawings in space,' featuring wire sculptures of figures like Josephine Baker that projected dancing shadows and captured the kinetic energy of the era.

Alexander Calder Thought 'It Would Be Fun' to Set Abstract Art in Motion. His Mesmerizing Mobiles Transformed the Definition of Sculpture

A major exhibition titled "Calder: Dreaming in Equilibrium" has opened at the Fondation Louis Vuitton in Paris, showcasing 300 works by Alexander Calder, including his pioneering mobiles, stabiles, paintings, drawings, and wire portraits. The show marks 100 years since the artist's arrival in France in 1926 and 50 years since his death in 1976. It features iconic pieces such as the 19-foot-long mobile *Triumphant Red* (1963) and his earliest known kinetic sculpture—a brass duck from 1909—alongside works by contemporaries like Barbara Hepworth, Pablo Picasso, and Paul Klee, as well as photographs by Man Ray, Agnès Varda, and Gordon Parks.

Louise Trotter Introduces ‘Bottega Veneta for the Arts’ With Peter Fraser

Bottega Veneta's creative director Louise Trotter has launched 'Bottega Veneta for the Arts,' a new collaborative series aimed at connecting the fashion house with the art world. The inaugural project features British photographer Peter Fraser, who documented Trotter's debut collection in Italy's Veneto region, the brand's birthplace. This follows previous art collaborations with photographer Duane Michals and painter Poppy Jones.

A Landmark Calder Exhibition with Over 300 of His Revolutionary Works Goes on View in Paris

The Fondation Louis Vuitton in Paris has launched "Calder: rêver en équilibre," a massive retrospective featuring over 300 works by the American modernist Alexander Calder. The exhibition spans the artist's entire career, from his early engineering-influenced "Circus" performances and hand-wrought jewelry to his iconic suspended mobiles and monumental outdoor sculptures. Notably, the show marks the first time the Frank Gehry-designed institution has installed artworks on its exterior lawns, creating a dialogue between Calder’s geometric forms and the building's avant-garde architecture.