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  4. Non-profits, museums, and hedge funds: Here are the groups that have cut ties with the Sackler family over the opioid crisis

Non-profits, museums, and hedge funds: Here are the groups that have cut ties with the Sackler family over the opioid crisis

1. New York Academy of Arts and Sciences

Non-profits, museums, and hedge funds: Here are the groups that have cut ties with the Sackler family over the opioid crisis

2. The National Portrait Gallery

2. The National Portrait Gallery

London's National Portrait Gallery will not accept a pledge for $1.3 million from members of the Sackler family, saying that taking the donation would be a distraction for the museum.

3. Balter Capital Management

3. Balter Capital Management

A small Hedge Fund in Boston is giving back more than $90 million from the family, the Wall Street Journal reported. Brian Balter, the founder of Balter Capital Management, made the decision to return the money, which made up a majority of the fund's $150 million assets under management.

4. The Metropolitan Museum of Art

4. The Metropolitan Museum of Art

New York's Metropolitan Museum of Art said that it would cease accepting gifts from the Sackler family, the New York Times reported. A wing of the museum bears the family name and houses the Temple of Dendur, one of the most popular attractions at the Met.

5. Hildene Capital Hedge Fund

5. Hildene Capital Hedge Fund

Hildene capital hedge fund forced the Sackler's to begin redeeming their investments in Hildene, the Wall Street Journal reported. The fund said that a person known to the fund had suffered an opioid-related tragedy, which led management to cut ties with the Sackler's. The fund has about $10 billion assets under management.

6. The Guggenheim Museum

6. The Guggenheim Museum

Mortimer D.A. Sackler left the board of the Guggenheim in 2018 after serving on it for nearly two decades, according to the Wall Street Journal. The museum also said that it does not plan to accept further gifts from the family

7. Columbia University

7. Columbia University

In February, Columbia University said that it wouldn't accept any further donations from the Sacklers. The school's Sackler Institute for Developmental Psychobiology was funded by the family.

8. The Tate Group

8. The Tate Group

The Tate Group, which controls four museums in London including the Tate Modern, said that it would not accept further gifts from the family.

9. The Hastings Center

9. The Hastings Center

One of the members of the Sackler family left the board of the Hastings Center, a bioethics institute after the board discussed the opioid crisis, the Wall Street Journal reported.

10. The South London Gallery

10. The South London Gallery

The London gallery returned a £125,000 (around $165,000) gift from the family last year. The board voted to do so to protect the gallery's reputation.


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