Conditional Gift Giving To Institutions

In 1953, Valparaiso University, a small, private Lutheran institution of higher education in Indiana, received a charitable gift from the estate and trust of Percy Sloan.¹ The donation included a sum of cash and a collection of paintings, many of which were created by Sloan's father. The remainder came from other painters from the mid-19th Century art movement known as the "Hudson River School," described on the Met's website as a collection of landscape painters that created "America's first true artistic fraternity."² The collection now stands at 476 works of art, kept by the university's Brauer Museum of Art, which has, in total, approximately 5,200 pieces of art, but the capacity to display only 150 pieces at a time.³