Art Institute of Chicago Receives Its Largest Cash Gift Ever
- January 27, 2016 11:43
Massachusetts collector Dorothy Braude Edinburg, who died in Jan. 2015, has donated $35 million in her will to the Art Insitute of Chicago. The gift is earmarked for new art purchases and the final amount of money is yet to be determined.
A supporter of the museum for 25 years, Edinburg gave some 1,500 works to the Art Institute over the years, including 800 works on paper, mostly European, and 150 Asian stoneware and porcelain pieces.
Her gift would continue acquisitions of prints and drawings and Asian art, according to museum director Douglas Druick.
The announcement comes after another "transformative" gift of 40-plus contemporary and modern works from the Edlis/Neeson Collection, valued at about $400 million and now on display.
_-Closing-the-Distance_100x100_c.jpg "Lot 204: Bob Kuhn (1920–2007),Closing the Distance, 1977, acrylic on masonite, 24 x 48 in, Sold: $409,500")
