Many donors are known for repeat giving, but sometimes they don't just maintain their same level of commitment, and they deepen it; this is seen in the arts as well.
"No discussion of our golden age of philanthropy is complete without considering the billions of dollars worth of art that is likely to be transferred in this way in coming decades.
"Moreover, in the case of bequests, the fact that an apparent timeline has been established doesn't mean that it will hold. Consider the interesting case of couple James and Frances McGlothlin. Virginia native James McGlothlin is CEO of the United Company of Bristol, which sold its coal mine holdings for $1 billion last decade. The couple began collecting art in the mid-1990s. In 2005, the McGlothlins pledged to bequeath their collection of 19th and 20th century American oil paintings, watercolors, pastels and sculptures valued at the time at $100 million to Virginia Museum of Fine Arts in Richmond."--Ade Adeniji, Inside Philanthropy
