DETROIT (WXYZ) - The Detroit Institute of Arts has announced that they have obtained pledges for another $13 million towards their commitment to raise $100 million as part of the Detroit bankruptcy Grand Bargain.
The pledges come from the New York-based Andrew W. Mellon Foundation and the Los Angeles based J. Paul Getty Trust.
The Mellon Foundation has pledged up to $10 million, $5 million of which will go towards the DIA immediately. The rest of the pledge is contingent on the museum raising the matching funds necessary to reach the $100 million goal.
The Getty Trust has pledge $3 towards the DIA's $100 million commitment.
“These are truly extraordinary gifts,” said Graham W. J. Beal, director of the Detroit Institute of Arts in a news release. “While these funds will ultimately support city pensioners, the contributions from the Mellon Foundation and the J. Paul Getty Trust demonstrate their deep commitment to the visual arts as a crucial factor in a healthy society. The Mellon Foundation has long supported curatorial and conservation activities at the DIA and we are deeply grateful that the J. Paul Getty Trust chose to join them in helping ensure the future of the museum.”
“As part of a history of safeguarding the nation’s art and cultural heritage, the Mellon Foundation has long supported the integral importance of the DIA’s collections to the museum’s mission,” said Mariët Westermann, vice president of The Andrew W. Mellon Foundation in a news release. “By pledging this unusually large grant to a single institution, the Foundation recognizes the significance of the DIA for the ongoing recovery and renewal of Detroit, and affirms its confidence that the museum will remain critical to the cultural life of the city and the nation.”
“The Getty is proud to participate with other distinguished supporters in addressing the unique situation that is currently facing the DIA, through no fault of its own,” said James Cuno, president and CEO of the J. Paul Getty Trust in a news release. “As an organization dedicated to the visual arts, the Getty is offering its support to promote a resolution that leaves intact this great institution.”