Live tweets from the Association of Art Museum Directors meeting in New Orleans last night revealed that Detroit Art Institute director, Graham Beal, was going public with news of a “grand bargain” between city mediators and a number of interested national and local foundations, including the Kresge Foundation, The Ford Foundation, the John S. and James L. Knight Foundation, as well as the Community Foundation for Southeast Michigan.
The news, breaking since December amidst rumors and paranoia, came just hours before headlines in The Detroit Free Press and The Detroit News announced that negotiations, while still in progress, and still entangled in some sticky complications, seemed to be promising some dramatic relief in the form of some $300 — $500 million dollars.
Oddly, Beal was paraphrased in AAMD’s tweets as stating that DIA itself had been locked out of negotiations and had little to do with the deals:
Tweeted @MuseumDirectors, “Beal: @DIADetroit has had very little to do w/negotiations. They have happened around us; I have never met the Emergency Manger #AAMDNOLA”
The plan to leverage foundation support has been largely driven by U.S. District Court chief judge Gerald Rosen, the Mediator in the Detroit bankruptcy case, who called the foundations together this fall to discuss solutions for saving DIA’s collections and supporting pensioner’s claims. Ford Foundation CEO, Darren Walker, has also been cited as a booster, bringing other foundations on board.