W.M. Keck Foundation’s $50 Million Gift Pushes Building LACMA Campaign Toward $650 Million Mark to Launch Construction Project
(Los Angeles, January 30, 2020)—Thanks to a leadership gift of $50 million from the W.M. Keck Foundation and gifts from other civic leaders, the Los Angeles County Museum of Art (LACMA) announced today that it is on track to raise $650 million for its Building LACMA campaign in support of its planned David Geffen Galleries. The goal to cover the $650 million cost of the building construction will be met by the end of February, with more than $640 million in commitments already made. Construction of the new building will begin at that time, as planned and on budget.
From W.M. Keck Foundation Chair and CEO, Robert Day
“The Keck Foundation strives to enrich the lives of Southern California residents and places special emphasis on children, youth, and their families. We are inspired by Michael’s vision of an art museum for all,” said Robert Day, Chair and CEO of the W.M. Keck Foundation. “Along with our new Keck Foundation co-presidents Joe Deegan Day and Stephen Keck, I am particularly excited about the museum’s goal of improving access to art and art education for Angelenos from all parts of our region for many years to come.”