The $70 million gift that’s almost as big as it is green

Brooklyn Museum announced that the Bloomberg Family Foundation will support the museum’s $70 million capital campaign by donating $50 million. The money will go toward the creation of a new state-of-the-art sculpture garden at…

The $70 million gift that's almost as big as it is green

Brooklyn Museum announced that the Bloomberg Family Foundation will support the museum’s $70 million capital campaign by donating $50 million. The money will go toward the creation of a new state-of-the-art sculpture garden at the museum, allowing the museum to offer visitors rare opportunities to appreciate art that is most suited to outdoor settings.

“We are thrilled to receive such an extraordinary gift from the Bloomberg Family Foundation and to be able to continue our long-standing and successful philanthropic relationship with them,” Deborah D. Hale, the museum’s president and CEO, said in a statement. “The new sculpture garden will enhance the museum’s ability to enhance experience of its collections.”

The Bloomberg Foundation was established in 1972 by Michael Bloomberg and his late wife, Diana, and has donated more than $650 million to charitable organizations around the world. The museum says that the grant is part of the foundation’s $2 billion charitable commitment to educational and cultural initiatives worldwide.

Previous gifts to the museum’s capital campaign include a donation of more than $10 million in 2014 from The Bloomberg Family to purchase the Van Gogh family collection.

“This is one of the world’s great art museums, with an internationally known collection of art and magnificent facilities,” Michael Bloomberg said. “The museum’s goal is to update and expand its green space and to further enhance the visitor experience. We believe that the new sculpture garden will create much-needed balance between the extraordinary work of our artists and the public art experience in the Museum.”

The museum says it is in discussions with institutions and artists about the sculptures’ placement.

“To my knowledge, this is only the third time the Bloomberg family has made a gift like this,” said James H. Stewart, the museum’s chair of the capital campaign. “It provides an incredible opportunity to increase and enhance our programs, collections and public art and to make this museum more accessible to even more people around the world.”

Leave a Comment