The Los Angeles County Museum of Art announced on Tuesday that it has surpassed its $750-million fundraising campaign for the David Geffen Galleries.
May 17, 2023
The latest announcement that fundraising is complete noted that construction is over 65% complete, spanning Wilshire Boulevard. Among significant contributions that pushed the campaign past the finish line was a gift from LACMA trustee Steve Tisch, who is listed as making a contribution of $20 million or more.
“We have reached this milestone thanks to the generosity and hard work of so many people,” LACMA CEO Michael Govan said in a statement. “We offer heartfelt thanks to all those who propelled us to this achievement — from our trustees to first-time donors — and to LACMA’s countless supporters from every part of Los Angeles.
The new building is scheduled to be completed late next year, and 20% of its funding comes from the County of Los Angeles as part of a public-private partnership.
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