Great news for San Fran:

The San Francisco Museum of Modern Art will exhibit a large collection of 20th century art amassed by the founders of the Gap clothing chain including pieces by Warhol, Lichtenstein and de Kooning.

The museum, also called SFMOMA, will interweave 1,100 works of art collected over 40 years by Gap founders Donald and Doris Fisher with its existing collection, the museum and the Fisher family announced.

The works are due to be housed permanently at the museum and are set to be exhibited to the public for the first time next year. Some of the works have been shown previously on a rotating basis at Gap’s San Francisco headquarters.

The agreement with the Fisher family represents a coup for the museum, elevating its profile among institutions around the world that house modern art. The Fisher family will create a trust to be administered in collaboration with the museum to oversee the care of the collection.

The museum did not offer an estimate of the value of the collection, which includes paintings and sculptures by Andy Warhol, Roy Lichtenstein, Willem de Kooning and other important 20th century artists.

– from Reuters