September 21, 2010

Museum of Fine Arts, Boston Receives $10 Million From Bank of America

Posted in Philanthropy at 8:02 pm by philanthropynews

The Museum of Fine Arts, Boston has announced a $10 million gift from Bank of America, including art valued at $5 million.

The cash component of the gift will be used to support museum exhibitions, programs, operating expenses, and capital improvements, in addition to special events in conjunction with the opening in November of the museum’s Art of the Americas wing and Ruth and Carl J. Shapiro Family Courtyard. The donated art includes Ellsworth Kelly’s Blue Green Yellow Orange Red (1968), as well as other works from the Bank of America Collection, one of the oldest and largest corporate holdings of art in the world.

(Read more via PND.)

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