Park Avenue Armory Receives $65 Million Towards Endowment

July 10th, 2015

Karlheinz Stockhausen and Rikrit Tiravanija, Oktophonie (Installation View), via Park Avenue ArmoryThe Park Avenue Armory has received a gift of $65 million from the The Thompson Family Foundation, bringing the total amount of money given by the foundation to the institution to a total of $129 million over the past years.  The Foundation, set up to honor the memory of businessman Wade Thompson, has long been a staunch supporter of the Armory.  “He passionately believed that the Armory should be rescued as one of the country’s most important landmarks,” says his widow, Angela Thompson.

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