The
Solomon R. Guggenheim Foundation is a nonprofit organization founded in 1937 by philanthropist
Solomon R. Guggenheim and his long-time art advisor, artist
Hilla von Rebay. The foundation is a leading institution for the collection, preservation, and research of
modern and
contemporary art and operates several museums around the world. The first museum established by the foundation was The Museum of Non-Objective Painting, in New York City. This became
The Solomon R. Guggenheim Museum in 1952, and the foundation moved the collection into its first permanent museum building, in New York City, in 1959. The foundation next opened the
Peggy Guggenheim Collection in Venice, Italy, in 1980. Its international network of museums expanded in 1997 to include the
Guggenheim Museum Bilbao in
Bilbao, Spain, and it expects to open a new museum,
Guggenheim Abu Dhabi, in the United Arab Emirates in 2017.