After 55 years of championing the principles of authenticity and ethical ownership in the art world, the International Foundation for Art Research has made the decision to begin winding down operations.
The change in leadership at the beginning of the year presented a vital opportunity to take a thorough and analytical look at IFAR’s ongoing operational and fiscal capacity. Following that six-month assessment of it's programmatic activities and finances, IFAR concluded that continuing is no longer feasible. This decision was not taken lightly — various restructuring scenarios and business models were considered, but it was clear that the only responsible option was to start down the path of closing.
“Since our inception in 1969, IFAR has been dedicated to advocating for the rightful ownership of cultural heritage, promoting transparency in the art market, and ensuring that works of art are recognized for their true origins and histories. Our efforts have sparked important conversations, driven meaningful change, and supported numerous initiatives that honor the integrity of artistic and cultural objects,” said Jennifer Schipf, Board Chair. “The Board brought on a new executive director to help us chart the optimal future for IFAR, and, ultimately, her insights and analyses made it clear to us all that the best course of action is to wind down.”