By Daily Press staff
Two foundations have pledged $1 million each to the Santa Monica Museum of Art. Good Works Foundation and the Annenberg Foundation made the pledges as part of the museum’s new fund-raising drive called the Innovation Fund.
The money from both foundations will be dispersed over a four-year period, though three-fourths of the Annenberg money will become available when the museum secures matching funds, according to a museum press release.
“The creation of the Innovation Fund ensures that there will be consistent, significant resources of support for the Santa Monica Museum of Art to explore and exhibit the extraordinary in contemporary art for many years to come,” said Laura Donnelley-Morton, president of the museum’s board of trustees and a co-founder of Good Works Foundation.
Said Elsa Longhauser, the museum’s executive director, “We are grateful for the courage and cultural foresight of both foundations for their support of the visual arts even during difficult economic times.”
The Santa Monica Museum of Art, which was founded in 1984, is open to the public Tuesday through Saturday from 11 a.m. to 6 p.m. It is located at Bergamont Station, 2525 Michigan Ave. For more information (310) 586-6488, ext. 31 or visit www.smmoa.org.
Originally published in the Santa Monica Daily Press print edition on June 21, 2003. Read the original PDF.