Caryle Group co-founder donates $13.5 million to the Foundation for the National Archives
June 23, 2011
Thanks to a gift from billionaire and philanthropist David M. Rubenstein, the Foundation for the National Archives will have $13.5 million to help expand museum offerings at the National Archives.
The donation, the largest in the foundation's history, will help create a new exhibition gallery and visitors center at the Archive's Washington, D.C. location. Foundation president and chairman Ken Lore said that the funds would go a long way in making sure that the institution had the resources it needed for the future.
"We are extremely grateful to David Rubenstein for this wonderful gift and for his longtime support of the National Archives and our Foundation," said Lore in a statement. "His generosity will enable the Foundation to build upon its already strong public-private partnership with the National Archives."
This is hardly the first time Rubenstein has made news for multi-million dollar donations. In March, the co-founder of the Carlyle Group donated $10 million to the Kennedy Center, bringing his total giving to the center to $23 million.