Hi Valerie,
None of the museums I have worked at have entered into loan-to-gift agreements. As you say, it’s not best practices and I would be extremely weary of entering
into that kind of agreement.
From: Museum discussion list [mailto:[log in to unmask]]
On Behalf Of Valarie J. Kinkade
Sent: Monday, December 11, 2017 11:59 AM
To: [log in to unmask]
Subject: Re: [MUSEUM-L] Loan-to-Gift Question
Thank you Brownwen for replying to my question. I am replying here in case others need clarification to my question. I am looking for loans that the museum and donor
knowingly wanted to convert loan-to- gift at the loan's inception, as opposed to those that got converted later.
-----Original Message-----
From: Bronwen Sanders <[log in to unmask]>
To: MUSEUM-L <[log in to unmask]>
Sent: Mon, Dec 11, 2017 11:49 am
Subject: Re: [MUSEUM-L] Loan-to-Gift Question
Valerie,
When the Buggy Museum opened we had quite a few things that were on loan, everything from carriages to doilies. We have worked to convert a lot of those long term
loans to gifts. But we still have long term loans, mostly vehicles. A few of those we have talked to the donor about them becoming gifts (eventually). If you want to talk specifics, contact me off list.
On Mon, Dec 11, 2017 at 9:47 AM, Valarie J. Kinkade <[log in to unmask]>
wrote:
Has your museum ever entered into a loan-to-gift agreement? A loan-to-gift in this case is a loan where the agreement indicates that the loan will become a gift to
the museum at some date in the future or upon the passing of the donor? Second Part of my question: Has your museum ever taken a loan-to-gift in which the loaned collection is housed and used at the museum, but the donor retains the right to remove items
during their lifetime, with the loan becoming a gift at the time of the donor’s passing? I am aware that this scenario is not a best practice, but would like to know if others have done it. I am only looking to compile statistics. Replies will be treated
anonymously. Thanks for your help.
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