DENVER BUSINESS JOURNAL - In the latest round of major gifts for the Denver Art Museum, two foundations and an individual are donating a combined $18 million toward the museum’s renovation of its North Building.
The Helen K. and Arthur E. Johnson Foundation is contributing $10 million, and the Bonfils-Stanton Foundation and Amanda J. Precourt each are providing $4 million, the museum announced today.
The museum is aiming to raise $150 million to the major reconfiguration of its 45-year-old castle-like North Building facing Civic Center, slated for completion in 2021.
The gifts announced today follow December’s news of a donation of $25 million — the biggest single gift ever to the art museum — from J. Landis Martin, DAM's board chairman, and his wife, Sharon Martin. Lanny Martin is managing director of Platte River Equity.
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