The Israel Museum receives money

From The Art Newspaper via MutualArt:

NEW YORK. The Israel Museum has received $12m from the Edmond J. Safra Philanthropic Foundation, towards the renovation, reinstallation and endowment of its fine arts wing, which will be renamed after Edmond and Lily Safra. The gift is part of a $100m renovation campaign, of which over $90m has already been committed, that will unify its 20-acre campus and expand exhibition and public spaces. The museum upgrade, by James Carpenter Design Associates and Efrat-Kowalsky Architects, is scheduled for completion in May 2010.

Although the museum has suffered a drop in donations from new sources over the past year, its network of Friends of the Israel Museum groups—located in 14 countries around the world—along with about 40 international private donors are keeping the institution afloat. The museum’s all-Israeli board is responsible for governance and oversight, while the fundraising arm of the Israel Museum is the “friends” groups, which are overseen by the International Council.

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2 years ago | Tags: art museum, the israel museum israel art jerusalem art edmond and lily safra mutualart.com the art newspaper