Detroit Institute of Arts Scrambling for Major Endowment Drive

November 24th, 2015

Detroit Institute of Arts, via Detroit Free PressFollowing the Detroit Institute of Art’s preservation of its collection as part of the city’s “Grand Bargain” to leave bankruptcy, the museum is facing the challenge of building up a $400 million endowment by the time tax funding expires in seven years.  “Now that we can tell the story about the role we played, along with foundations and the state, in creating and successfully bringing the grand bargain to fruition, that’s an impactful message to take to prospective donors,” says DIA Board Chairman Gene Gargaro.

Read more at Detroit Free Press