It also organises exhibitions of works from its collection, and provides short and long-term loans to major museums and cultural institutions.
In 1994, reportedly to cover the cost of storage, insurance and legal fees, Dumas put 18 Giacometti works up for sale through the French auctioneer Jacques Tajan, raising the equivalent of some $8 million.
[3] In 2000, Annette Giacometti's brother, Michael Arm, asked a Paris court to annul his sister's will, prepared in January 1990, arguing that she was mentally incompetent at the time.
The museum, which is to include a school and provide a permanent home for several hundred works by Giacometti, will occupy 6,000 m2 (64,600 sq ft) of space in the former Invalides train station and the basement of the esplanade.
The foundation, in conjunction with members of Giacometti's family, has the right to produce new sculptures from the original plaster casts, completing the editions he began.