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Wednesday, 17 December 2014 16:06

The Getty Hires New Fundraising Executive

The J. Paul Getty Trust is plugging a fresh executive into what's perhaps the art world's most counterintuitive job: getting rich folks, corporations and charitable foundations to make big cash donations to an organization that already sits on a pile of investments more than $6 billion high.

The Getty announced this week that Janet Feldstein McKillop, head fundraiser for St. Matthew's Parish School, a K-8 Episcopalian parochial school in Pacific Palisades, will step into a job whose only previous occupant did not gain a lot of discernible traction.

Published in News

The Smithsonian Institution said on Monday that it planned to raise $1.5 billion by 2017 in its first institution-wide fundraising campaign and had already raised more than $1 billion of that sum from private individuals, foundations, corporations and other donors.

In an era of tighter federal funding the Smithsonian is increasing its private fundraising efforts to pay for its stepped-up ambitions at its sprawling network of museums and galleries, the National Zoological Park and research centers, one of the largest collections of museum and research centers in the world.

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