William Poundstone pointed us toward this blog post by LACMA curator Christine Y. Kim announcing a $1 million gift toward buying Korean Contemporary art for the museum:

Korean cosmetics company AMOREPACIFIC has given the museum $1 million to be used toward acquisitions of contemporary art over the next five years. As a native-Californian Korean-American curator who has perpetually looked toward works by international artists to contribute to global points of entry and contact in contemporary art, this is especially heartening. Of course contemporary Korean artists—whether those featured in Venice or Gwangju or others living and working around the world in a variety of capacities—have been creating vital, rich, and strong works for the past couple of decades (and longer). This is something, I’m happy to note, that LACMA has already demonstrated with the recent exhibition Your Bright Future: 12 Contemporary Artists from Korea, as well as a number of acquisitions of Korean contemporary art already in the collection.

A Transformational Gift for Korean ContemporaryArt (Unframed/LACMA)