The gift is meant to be transformative and impactful on how Latin American art is valued and recognized globally. The gift includes works by Lygia Clark, Lygia Pape, Jesús Rafael Soto, Alejandro Otero, and Tomás Maldonado. Additional highlights are works by Willys de Castro, Hélio Oiticica, Juan Mele, Mira Schendel, and Gego. The Cisneros Institute will be located in a dedicated space at the current MoMA campus in midtown Manhattan. In January 2018, it was announced that more than 200 artworks, many from contemporary artists, would be donated by the collection to six institutions with whom Cisneros has had long-term relationships: the Museum of Modern Art; the Bronx Museum of the Arts; the Museo Nacional Centro de Arte Reina Sofía in Madrid, Spain; the Museo de Arte Moderno in Buenos Aires, Argentina; the Museo de Arte de Lima in Lima, Peru; and the Blanton Museum of Art at the University of Texas, Austin in Austin, Texas. The gifts include works by Amalia Pica, Jac Leirner, Luis Camnitzer, and Regina José Galindo. Cisneros has been married to Gustavo Cisneros since 1970. They have three children: Guillermo Cisneros, Carolina Cisneros de Rodríguez, and Adriana Cisneros, who is CEO and Vice Chairman of Grupo Cisneros.