David Hockney Foundation
In 2012, Hockney, then worth an estimated $55.2 million, transferred paintings valued at $124.2 million to the David Hockney Foundation, and kicked in an additional $1.2 million in cash to help fund the foundation’s operations. The artist plans to give away the paintings through the foundation, among others to the Los Angeles County Museum of Art and the Tate in London.
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