WASHINGTON (AP) — The photo archive of Ebony and Jet magazines chronicling African American history is set to head to the Smithsonian National Museum of African American History and Culture and other cultural institutions.

The Ford Foundation, the John D. and Catherine T. McArthur Foundation and the Andrew W. Mellon Foundation are buying the archive for $30 million as part of an auction to pay off secured creditors of Johnson Publishing Company.

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“We felt it was imperative to preserve these images, to give them the exposure they deserve and make them readily available to the public,” said the Ford Foundation’s president, Darren Walker. A judge in Chicago tentatively approved the deal Thursday.

The foundations plan to donate the more than 4 million prints and negatives — considered one of the most significant collections of photographs cataloguing African American life — to the Smithsonian National Museum of African American History and Culture, the Getty Research Institute and other institutions.

Source: National African American Museum To Get Ebony/Jet Archive After Auction