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Thursday, 29 January 2015 17:34

Local Collectors Donate Contemporary Works to the Los Angeles County Museum of Art

The Los Angeles County Museum of Art, 1965. The Los Angeles County Museum of Art, 1965. Wikipedia

The Los Angeles County Museum of Art (LACMA) is kicking off its 50th anniversary with a major gift of contemporary art. Local collectors Jane and Marc Nathanson have promised the institution eight works created  over four decades, including seminal pieces by Damien Hirst, Roy Lichtenstein, Frank Stella, and Andy Warhol. The bequest marks the beginning of a campaign, chaired by LACMA trustees Jane Nathanson and Lynda Resnick, to encourage additional promised gifts of art in honor of the institution’s anniversary. The Nathansons’ donation is estimated to be worth around $50 million.

Well known for their philanthropic endeavors in the Los Angeles area, the Nathansons have made several contributions to LACMA’s collection, including supporting the acquisition of a set of Ed Ruscha prints in honor of the museum's 40th anniversary.

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