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Thursday, 01 November 2012 10:37

Chicago’s Museum of Contemporary Art Receives $10 Million Gift

The Museum of Contemporary Art in Chicago. The Museum of Contemporary Art in Chicago. Museum of Contemporary Art Chicago

Longtime supporters of Chicago’s Museum of Contemporary Art, Sam and Helen Zell, donated $10 million to the institution on behalf of the Zell Family Foundation. It is the second substantial gift the museum has received in less than seven months.

Business and publishing magnate, Sam Zell, and his wife, Helen, hope to create “The Zell Fund for Artistic Excellence” through their sizable gift. Helen served as the chair of the museum’s board from 2004-2008 and has served on various other museum committees. She is currently chairman of the collection committee.

Madeleine Grynsztejn, the museum’s director, said, “The museum is extremely grateful for this generous gift.” Grynsztejn plans to use the money to help underwrite programs like the museum’s outdoor summer plaza series, exhibitions, and artist residency programs, expand its education lectures and programs, and to help pay off debt stemming from the museum’s mortgage on its building at 220 E. Chicago Ave.

The museum received another $10 million gift in April of this year from Stefan Edlis and Gael Neeson. Edis, a trustee since 1981, and Ms. Neeson are longtime supporters of the museum.

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