Fisk University’s Plan to Raise Funds Dealt a Setback by Tennessee Court

Judge Ellen Hobbs Lyle of Davidson County Chancery Court in Tennessee has dealt a devastating blow to Fisk University’s plan to raise much needed operating funds. Fisk, the historically black university in Nashville, had reached an agreement to “lend” for six months every year its Stieglitz art collection to a museum in Arkansas. This agreement would have netted Fisk $30 million. The collection had been donated to Fisk in 1949 by artist Georgia O’Keeffe with the stipulation that it be kept intact and not sold.

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