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In the Balance: LA Philanthropy is Being Put to the Test

Posted By Administration, Thursday, November 28, 2013
Updated: Monday, December 16, 2013

Can the City of Angels Muster a Miracle?

Now more than ever the city's relatively young tradition of cultural philanthropy is being put to the test. With the Museum of Contemporary Art (MoCA) engaged in a major capital campaign and Lacma preparing to embark on one of its own, we are entering what appears to be a do-or-die moment in fundraising for museums in Los Angeles.

The stakes are high for both museums and for Los Angeles's credibility as a world-class cultural destination. While the history of museum-building here has depended heavily on lone-wolf collectors (think J. Paul Getty, Norton Simon, Armand Hammer and, most recently, Eli Broad), its future clearly depends on a more diverse network of patrons working with existing institutions.

Full story by Jori Finkel in Mutual Art

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