The Andy Warhol Foundation

The Andy Warhol Foundation for the Visual Arts has built a $240 million endowment, with its net gain from sales at $16.25 million last year, according to its 20th anniversary report on its finances and philanthropy. Mr. Warhol, who died at 58 in 1987, left all his possessions to the New York-based foundation “for the advancement of the visual arts.” President Joel Wachs declined to disclose the number of paintings, sculptures, prints and drawings that remain with the foundation to The Art Newspaper, stating that the holdings are “proprietary information because we are in the business of selling them.”  read more »