Billionaire Ken Griffin Donating $1 million to the Museum of Contemporary Art Chicago
Illinois’ richest man, with an $8 billion net worth according to the most recent Forbes Billionaire’s list, and one of Chicago’s most eligible bachelors is donating $1 million from the Kenneth C. Griffin Charitable Fund to the Museum of Contemporary Art Chicago. In honor of MCA Chicago’s 50th anniversary, Griffin, founder and CEO of Chicago based hedge fund firm Citadel making the donation that will help make the museum accessible to all Chicago youth, from both Chicago Public Schools and schools throughout Illinois. Griffin a known collector of some pretty expensive artwork is also is a huge supporter of the arts; he sits on the MCA Board of Trustees (since 2000). His charitable fund in 2010 also donated $10M to the MCA all part of the reported almost $500 million charitable donations he’s given.
The donation will be specifically allotted to develop new programs that will aim to provide broader access to the museum for underserved students and their families. With support from the Kenneth C. Griffin Charitable Fund, the MCA will offer free bus transportation to all school groups that plan to visit the MCA in its 50th anniversary year. The gift will also assist with the MCA’s expanded outreach to teens by supporting two 21 Minus events – the MCA’s annual day of teen creativity – and by providing mentorship and internship opportunities to the museum’s award-winning teen program, the Teen Creative Agency.
“Ken has been a committed supporter of education and the arts, especially in Chicago, and we are extremely grateful for this exceptional gift,” said Madeleine Grynsztejn. “These funds will increase the number of school groups that visit the MCA and ensure that our galleries are always filled with youth who can gather, observe, interact, and take part in the learning and enjoyment of contemporary art.” -Madeleine Grynsztejn Pritzker Director of the Museum of Contemporary Art Chicago
This summer, The Museum of Contemporary Art Chicago will debut Takashi Murakami: The Octopus Eats Its Own Leg.
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