Geraldine Pincus will send a large portion of her art collection to auction at Christie’s in New York because her foundation, The Pincus Family Foundation, is in need of funds. Pincus—along with her late husband David—started collecting art when they met Henry Moore on their honeymoon in Rome. Since, they’ve amassed a collection of original art from the likes of Jackson Pollock, Barnett Newman and Mark Rothko. The Philly philanthropists served on boards at Institute of Contemporary Art at the University of Pennsylvania and the Philadelphia Museum of Art. One of the Rothko paintings is expected to fetch $35 million at auction. [New York Times]
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