No, No, We’re Really Trying To Help While We Sell Off Your Biggest Assets

Foundations want to sell a Lucien Freud and a Turner painting in a New Brunswick gallery – together the paintings could sell for $30 million. The foundations say they’re helping the gallery. “When asked then, why virtually the entire board of the Fredericton gallery resigned, he replied: “Clearly they don’t agree on the strategy.” The strategy, he explained, would be for the foundations to sell art that has been on long-term loan to the gallery — art they believe they own and that needs to be removed from a city of 48,000 and, in the words of one Canadian foundation member, made “more visible to the world.” From these proceeds “[we] would give [the Beaverbrook gallery] a substantial donation” to help offset what Lord Beaverbrook calls its “substantial deficit.” “We’re trying to be helpful to them,” observed Lord Beaverbrook, “but it’s not always easy to do that, it seems.”