The Art Dealers Association of America (ADAA) Foundation has named Michael Findlay, the director of Acquavella Galleries in New York, as the organization’s new president. Findlay has served on the foundation’s board for a total of five years and has held a number of leadership positions, including vice president from 2009 to 2012. He succeeds Dorsey Waxter, principal of Van Doren Waxter, who had served as president since 2016 and as president of the ADAA from 2013 to 2015.

Under Waxter’s leadership, the foundation restructured its grant program in 2017, expanding the support it gives to museums with annual operating budgets under $5 million dollars. “It’s been a privilege to serve as president of the ADAA foundation board and work with fellow ADAA members to make an impact in the national arts community,” said Waxter.

Findlay added: “The ADAA Foundation is an illustration of art dealers’ engagement with the broader arts community and our commitment to advancing art historical scholarship. I am honored to serve the organization’s mission in my new role and look forward to continuing to build upon Dorsey’s recent achievements to enhance and deepen the impact of the organization.”

The foundation, a nonprofit membership organization that supports scholarship and curatorial research, is a distinct entity but is related to the ADAA. Established in 1970, it is funded by donations from ADAA member galleries. The organization also announced that it welcomed Debra Force of Debra Force Fine Art, Dianne Dec of Hosfelt Gallery, and Jill Newhouse of Jill Newhouse Gallery to its board.