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David Rockefeller’s Estate Donates Record $200 Million to MoMA

DavidrThe estate of David Rockefeller, who passed away in 2017, is giving the Museum of Modern Art in New York City its largest gift in history – an astounding $200 million.

The Rockefeller dynasty has a long history with the museum. In fact, David’s mother helped found the institution in 1929. He was longtime benefactor, donating pieces by Pablo Picasso, Paul Cezanne and Henri Matisse. Rockefeller also served 69 years on the board of trustees until his death at the age of 101.

The Museum of Modern Art voted unanimously to named its directorship after David Rockefeller. “It’s an energizing and fitting tribute to celebrate David’s vision and passion for the museum’s mission and its collection,” Glenn D. Lowry, the museum’s first David Rockefeller Director.

See Katya Kazakina, David Rockefeller’s Estate Donates Record $200 Million to MoMA, Financial Advisor, February 5, 2019.

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.