Portland Art Museum reaches $116 million capital campaign goal * Oregon ArtsWatch

"In the midst of troubled financial times for arts and cultural organizations across the United States, the Portland Art Museum has beat the odds with some major good news: The museum announced Thursday morning, Oct. 16, that it has raised its entire $116 million capital campaign target to pay for its new Rothko Pavilion and major improvements in its Belluschi and Mark Buildings."

"The glassed-in, almost 22,000 square foot Rothko Pavilion - named for the 20th-century art giant Mark Rothko, who was born in Latvia, grew up in Portland, and graduated from Lincoln High School - connects the original Belluschi Building to the south and the Mark Building, a former Masonic Temple, to the north. The entire project adds almost 100,000 square feet of new or refurbished spaces to the museum campus."

The Portland Art Museum completed a $116 million capital campaign to fund the Rothko Pavilion and upgrades to the Belluschi and Mark Buildings. The campaign closed with a $5 million pad above the $111 million construction budget to allow for ongoing enhancements. An additional $28.4 million has been raised toward a $30 million endowment goal to support operations, curatorial and leadership positions. The glassed-in, nearly 22,000-square-foot Rothko Pavilion connects the Belluschi and Mark Buildings and contributes to almost 100,000 square feet of new or refurbished museum space, significantly improving visitor access and circulation. More than 1,000 donors contributed, including 49 donors of $1 million or more.

Read at Oregon ArtsWatch * Arts & Culture News