The Magnum Foundation (MF) was founded in 2007 in New York. The organization is independent of the agency but relies on the historical values of its members to support documentary photography internationally. In order to develop different activities around this unifying idea, the Magnum Foundation London was established, along with the Magnum Photos Endowment Fund in Paris. The auction organized by Sotheby’s would help the Fund grow into a Foundation dedicated to the preservation of 65 years of visual history. The people behind this concept include Susan Meiselas–a Magnum photographer and the director of MF New York, Julien Frydman–ex-director of Magnum Photos Paris, Marco Bischof–a documentary film maker and the son of famous Magnum Photographer Werner Bischof, and Martine Franck who just passed away –who had already established the Fondation Henri Cartier-Bresson in Paris and whose passion and engagement have been decisive in the definition of MF international vision. Their intention, on a global scale, is to collect and contextualize an heritage and to built an ongoing and reasoned history of documentary photography.
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