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The museums, two of the world's most prominent, said in a joint statement the New York-based e-business would provide Internet access for people to learn about and purchase many forms of art and architectural models and design objects, beginning in late 2000 or early 2001.
CNN: MoMA and Tate announce joint Internet venture
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There are many reasons why households might extract equity from their homes: to finance household expenditures, to make major home repairs or improvements (so-called residential investment), to consolidate more costly debt, such as credit card debt, to invest in personal businesses or other forms of entrepreneurship, to help finance the purchase of other real estate, or to engage in a form of investment arbitrage, or a mixture of the above.
FORBES: Home Equity Extraction: Where Did All The Money Go?
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Furthermore, in many associations, the members will regularly provide additional financial support, which comes in a wide variety of forms such as contributions to a foundation as well as the services and products they purchase from the association.
FORBES: How to Dramatically Grow an Association's Membership and Sponsorships