VMFA, VCU announce record $115 million cash gift
The leadership of the Virginia Museum of Fine Arts and Virginia Commonwealth University toasted bequests totaling $115 million — the largest cash gift in each organization's history.
In an announcement made Thursday afternoon in the museum's Marble Hall, they said nearly $70 million will go to the VMFA to create a restricted art purchase endowment and support the museum's recent expansion. VCU's $45 million will go to the university's medical campus for research and prevention of cancer and other degenerative diseases.
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