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New filing in Frankenthaler Foundation lawsuit alleges ‘pay-to-play’ scheme

2 years ago
in NFT
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The nephew of the legendary Summary Expressionist painter Helen Frankenthaler (1928-2011), Frederick Iseman, has filed an modification to his November 2023 lawsuit in opposition to the artist’s basis and administrators, together with his circle of relatives members. The criticism additional detailed earlier accusations, alleging that the non-profit mismanaged funds in a “systematic pay-to-play” scheme, citing “in depth self-dealing” on the a part of his cousin, Clifford Ross, Frankenthaler’s stepdaughter, Lise Motherwell, and the inspiration’s treasurer, Michael Hecht.

“Ross, Motherwell and Hecht haven’t responsibly stewarded the inspiration however selfishly looted it,” Iseman alleged in an amended criticism filed on 31 January. “At each flip they’ve used—certainly, wasted—the inspiration’s funds and priceless belongings in ways in which superior not the inspiration’s mission, however their very own self-interest.”

In keeping with Iseman, Ross has “routinely tied Frankenthaler’s work to his personal”, overseeing donations of his aunt’s work to museums that might present and promote his artwork, all whereas obfuscating his position on the inspiration’s board. Iseman additionally alleges that Motherwell curated exhibitions of Frankenthaler’s work “regardless of her full lack of credentials”, and has accused Hecht of funneling Frankenthaler Basis funds to different establishments of which he serves as a board member. Iseman additional alleged that his members of the family enabled the inspiration’s “incompetent” govt director, Elizabeth Smith, in her oversight of “roughly $20m of company waste”. Iseman claims the belongings managed by the Frankenthaler Basis, which was established in 1984, are price as a lot as $1bn.

Iseman’s lawsuit makes the case that Smith and different family members authorised greater than 170 donations from 2013 to 2022, about $10m price of which went to venues that promoted Ross and his work. “He browbeats museums into exhibiting his work as a situation of placing on a Frankenthaler present,” the criticism states. The criticism cites for instance of such “pay-for-play” preparations a $250,000 donation to the Brooklyn Rail allegedly facilitated at Ross’s behest. The Rail subsequently printed an interview with Ross, a poem by him and an article about him.

Iseman was faraway from the inspiration’s board final spring and filed his lawsuit in November. Whereas the inspiration has not addressed his new allegations in courtroom filings, the board of administrators despatched an announcement to Artnet Information, refuting Iseman’s claims.

“Iseman’s newest criticism is as baseless as his first submitting. That is the case of a former director who was not re-elected to the board as a consequence of his unprofessional and disruptive conduct. Furthermore, Iseman was actively concerned in all main selections made by the board throughout his tenure and authorised the transactions he now criticises,” the assertion from the Frankenthaler Basis’s board claims. “Iseman can also be primarily accusing a number of the most revered arts organisations within the nation of collusion and underhanded actions… Iseman’s scattershot strategy and reckless allegations in regards to the basis’s management and the nation’s premier arts establishments, that are the inspiration’s companions, demonstrates his true character and why he was unsuitable to proceed serving as a director of the inspiration.”

Iseman’s lawsuit modification additionally accuses his members of the family of plans to dissolve the inspiration fully, alleging a scheme to flood the market with Frankenthaler’s work and wind down operations. “Their blasé response to this apparent concern was puzzling in 2019, nevertheless it is smart now,” the amended criticism states.



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Tags: AllegesFilingFoundationFrankenthalerLawsuitpaytoplayscheme
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