Alice Walton, the daughter of Wal-Mart Stores Inc. founder Sam Walton and one of the world’s wealthiest people, will present plans Monday for the Crystal Bridges Museum of American Art, to open in Bentonville in May 2009.

Walton and the Walton Family Charitable Support Foundation recently paid $35 million for Asher B. Durand’s painting “Kindred Spirits,” an 1849 landscape depicting Thomas Cole, the founder of the Hudson River School of landscape painting, and William Cullen Bryant, a journalist who inspired Central Park and the Metropolitan Museum of Art. The painting will hang in the new museum.

Read more about Alice Walton’s museum in the Arkansas Business News.

Alice Walton featured in the New York Times for her art collection and museum.

More about the Walton Family, including Alice Walton.

Learn more about the founding of Crystal Bridges by Alice Walton.

View additional projects by Alice Walton at her website.