04-10-2013, 05:52 PM
Acer wrote:
Hope he gave some bucks to build a new building to show it all, because otherwise it's a (white elephant)
The Museum's board of directors has to approve gifts like this, and they have, so I am going to assume that they know how to run their own museum.
Lauder set up a $22 million endowment some time ago for Modern art at the Museum, an amount which is nothing to sneer at.
It's a pledge, btw, the paintings aren't going anywhere quite yet.