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If such a conclusion were reached, the mechanism chosen for such a disso­lution would, of course, make all the difference. For example, it would be unac­ceptable to everyone if the Society opted for selling off the collections through private auctions, even if the proceeds were donated to a worthy cause. It would also not be wise to put the Society into receivership, leaving the responsibility for distribution of the collections in the hands of the New York State attorney gen­eral. That office does not have the resources, the staff, or the professional expertise to make important and complicated curatorial decisions that following this course would demand. Finally, it would not be appropriate to have other institu­tions choose what they wanted from the collections. Such a process would lead to a rapid distribution of the most valuable items, leaving the great majority of less renowned yet historically important items orphaned and at great risk.

How, then, could such a transfer of assets be accomplished? One way might be to assemble a temporary full-time team of professionals to oversee the process. The team could be assembled from a combination of people, some, from inside the Society, who know the collections and others, from outside, who understand how the collections fit within the broader context of collections in the region. The first task for the team would be to divide the collections into contiguous parts. After the parts had been established, the team would identify the cultural institutions that would serve as the best homes for the various materials. These decisions would be based on factors such as the complementarity of the collections, the financial stability of the recipient institution, and the recipient institution's desire to house the materials. Once the collection was prepared and its new home had been iden­tified, it would be the responsibility of the dissolution team to work with recipient institutions to raise funds to pay for the transfer and long-term care of the col­lections. Bundling the collection with an accompanying endowment is an essen­tial element of the plan. Transferring the collections without funds for their care would risk spreading the burden of the Society's many years of deferred care and maintenance to other cultural institutions.

Option 3: merge with another cultural institution

The concept of a merger with another cultural institution is not new. For exam­ple, as explained earlier, extended negotiations took place between the Society and the Museum of the City of New York in 1990. At the time, the merger was deemed to be prohibitively expensive, but there were also political considerations that blocked the deal. Discussions about possible affiliations have taken place with other institutions as well, most notably the New York Public Library in late 1992 and New York University in 1993.

The key issues to consider in contemplating possible mergers are the com­plementarity of the collections, the allocation of space, how the merger might im­prove prospects for long-term financial stability, and the division of governance responsibilities between the boards of the combining entities. A discussion of a potential merger partner for the Society best illustrates these issues.

Questions & Answers

where we get a research paper on Nano chemistry....?
Maira Reply
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
hey
Giriraj
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, The new-york historical society: lessons from one nonprofit's long struggle for survival. OpenStax CNX. Mar 28, 2008 Download for free at http://cnx.org/content/col10518/1.1
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