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Artists' Pension Fund Bets on Future Worth of Works

By Rick Karr
Published June 30, 2004 at 9:00 PM PDT

An innovative program in New York will have diverse artists contribute samples of their work to a trust. Over time, some of the works should increase in value. The money raised will allow the trust to pay out pensions when the artists retire. NPR's Rick Karr reports.

Copyright 2004 NPR
Rick Karr
Rick Karr contributes reports on the arts to NPR News. He is a correspondent for the weekly PBS public affairs show Bill Moyers Journal and teaches radio journalism at Columbia University.
See stories by Rick Karr