Can Detroit’s art collection be saved from a bankruptcy auction?

As Detroit’s bankruptcy continues, many in the art community are worried that the bankruptcy trustee will sell pieces from the city’s art collection to help pay its staggering debt.  The Ford Foundation, Kresge Foundation and the John S. and James L. Knight Foundation have pledged $330 million toward a deal that would help save priceless works of art at the Detroit Institute of Arts from being sold at a bankruptcy auction.  The museum is working diligently with groups such as this to raise enough money to save the art collection from auction.

For more read, “$330 Million Pledged to Save Detroit’s Art Collection.”