LACMA Receives $50 Million Gift of Hirst, Schnabel, and Warhol
Jane and Marc Nathanson’s estimated $50 million gift of eight works of Modern and contemporary art include pieces by Damien Hirst, Roy Lichtenstein, Julian Schnabel, Frank Stella, and Andy Warhol.
“Fifty-million dollars of art for 50 years,” Jane Nathanson told the LA Times. “My husband and I believe that when you’re lucky enough to own such iconic works from important artists, they’re on loan to you. Eventually, all artworks should end up in a museum where the most people can enjoy them and benefit from them.” The eight donated works, Nathanson added, will help fill the museum’s gaps in American Pop art.
A gift from Lynda and Stewart Resnick, museum supporters since 1992, consists of four works spanning 400 years including a Renaissance painting by Hans Memling, a bronze sculpture by Giambologna, an 18th-century painting by François Boucher, and a 19th-century painting by Jean-Auguste-Dominique Ingres.
With the announcement of these generous gifts, the two trustees spearhead the campaign to encourage other patrons to donate works to the museum for its anniversary. A punch list of the total gifts donated to LACMA’s collection will be announced at its April 18 anniversary gala. About 50 of the gifted works will be on view in a show at LACMA’s Resnick Pavilion, a 45,000 square foot exhibition space named in honor of the trustees, from April 26 to September 7.
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