Skip to content
News
Link copied to clipboard

Barnes rejects plan to keep it in Merion

Barnes Foundation chairman Bernard C. Watson has turned down a funding proposal offered by Montgomery County to keep the historic art collection in its Merion home.

Barnes Foundation chairman Bernard C. Watson has turned down a funding proposal offered by Montgomery County to keep the historic art collection in its Merion home.

Watson rejected the proposal in a letter Monday to a lawyer representing the county, saying the foundation had already made binding commitments to Philadelphia to relocate to the Benjamin Franklin Parkway. He added that the "decision is irreversible."

A spokesman for the foundation said: "The Barnes Foundation has already raised $150 million from a broad base of donors, has the steady support of the city of Philadelphia and a lease for a city block on the Benjamin Franklin Parkway, and will shortly pick a world-class architect to build a new home for the art collection to fulfill its mission."

In a letter sent June 12, Montgomery County asked the foundation to consider selling the county the building where the art collection is housed and the grounds, with the county using tax-exempt bonds to raise money for the purchase. The art collection would remain where it is, and the Barnes would pay rent to the county by investing the profits from the sale.

Mark Schwartz, a lawyer hired by Montgomery County to keep the Barnes in Merion, criticized Watson's swift rejection of the proposal, saying that the chairman "turned down this offer with the brush of a hand."

Schwartz vowed he would continue the fight in Montgomery County Orphans' Court, claiming Watson was disregarding "his fiduciary responsibility" to the foundation.