LACMA Receives Major $75 Million Donation for Expansion Plans

April 28th, 2016

LACMA has received two major donations totaling $75 million to help fund its new, Peter Zumthor-designed permanent collection building.  The funds came from Wynn resort co-founder Elaine Wynn and A. Jerrold Perenchio, who also donated a selection of paintings valued at $75 million.  “There has been quite a bit of work to get the project to this point,” Director Michael Govan says. “These two gifts together are the largest single pledge to a cultural institution in L.A.”

Read more at NYT