Kate Taylor covers in the WSJ yesterday’s announcement from SFMoMA that the museum has secured the money to build a home for the Fisher Collection and much more generous terms from the estate:
Thursday’s announcement revealed that the 25-year loan agreement had been stretched to 100 years, and was renewable after that. The $250 million in gifts did not have names attached, but the donors presumably include the Fisher family and the museum’s chairman, Charles Schwab, who had long sought to bring the Fisher collection to SFMoMA. […] SFMoMA plans to raise another $230 million to fund the expansion, which will add 100,000 square feet of gallery and public space and 40,000 of support space. The new wing will primarily be used to show the Fisher collection, although works from the museum’s own collection will be mixed into the installation, and works from the Fisher collection will be integrated into the museum’s other galleries.
SFMoMA Raises $250m for New Wing (Wall Street Journal)
