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LA-Area Cities Vie To Be Home Of Eli Broad's Museum
Broad will "create a $200-million endowment that would generate $12 million a year to operate the privately run, nonprofit institution. The only bigger single cash donation to the arts in Southern California history would be J. Paul Getty's initial $700-million 1976 bequest to establish the J. Paul Getty Trust -- $2.65 billion in today's dollars." Los Angeles Times 11/16/09
Broad will "create a $200-million endowment that would generate $12 million a year to operate the privately run, nonprofit institution. The only bigger single cash donation to the arts in Southern California history would be J. Paul Getty's initial $700-million 1976 bequest to establish the J. Paul Getty Trust -- $2.65 billion in today's dollars." Los Angeles Times 11/16/09
Posted November 16, 2009 05:34 PM
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