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MoMA PS1 Announces New Board Leadership and $5M Strategic Transition Fund

MoMA PS1

MoMA PS1 has appointed new leadership for its Board of Directors, electing Sarah Arison Chair and Cav. Simon Mordant AO Co-Vice Chair. Sarah Arison previously served as Co-Vice Chair since 2017 alongside former Board Chair Agnes Gund, who will now lead the Board’s Diversity, Equity, and Inclusion (DEI) Committee. Cav. Simon Mordant AO joins Philip Aarons as Co-Vice Chair. In addition, PS1 has established a $5 million Strategic Transition Fund to support the vision of Director Kate Fowle over the next three years.

“I am honored to take on this role as Chair of the PS1 Board of Directors, and humbled to continue Aggie Gund’s legacy of inspirational leadership,” said Sarah Arison. I look forward to working with Kate to create a new chapter in PS1’s storied history, and working with Aggie as she continues to be a champion of PS1 as Board member and Chair of the DEI Committee.”

“In this transformational moment for PS1, it is a wonderful honor to step into a leadership role on the Board and support Kate Fowle’s vision for the future of the organization,” said Cav. Simon Mordant AO. “I look forward to working alongside Kate and her team and Sarah and the Board to re-envision PS1 as an artist-centric, accessible institution for the future.”

“I’m excited to be part of the next chapter of MoMA PS1’s illustrious history,” said Philip Aarons.

In addition to new Board leadership, PS1 has established a $5 million Strategic Transition Fund to support the vision of Director Kate Fowle and enable the institution to achieve long-term fiscal sustainability over the next three years. The Strategic Transition Fund will allow PS1 to pilot new models of community engagement, diversify uses of the building, and reinforce PS1’s role as an artist-centric institution. This fund has raised $4.7 million to date, anchored by a transformative gift of $2.5 million from Agnes Gund to support community engagement initiatives and the development of a new community allyship program; a $600,000 gift from Cav. Simon Mordant AO to reimagine the uses of and access to the Museum’s outdoor courtyard as an interstitial space between the institution, its neighborhood, and the community; a $100,000 gift from the Marc J. Leder Foundation to support the development of artist-centered programming; and other generous gifts.

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Sarah Arison, MoMA PS1 Board Chair. Image courtesy of the National YoungArts Foundation. Photo: Nick Garcia

Simon Mordant, MoMA PS1 Board Co-Vice Chair. Photo: Angus Mordant