Contemporary Austin art museum to build a park with $9 million grant
September 16, 2013
Many times, art museums aren't just about the paintings, drawings, sculptures and other artifacts. The whole grounds represents an opportunity to learn about esthetically pleasing styles and trends that have cultural relevance over time.
This is true in Austin, Texas, where, thanks to a grant from the Edward and Betty Marcus Foundation, the local art museum will soon be expanding their offerings outside the four walls of the institution. The Contemporary Austin was given a $9 million grant from the organization to create an indoor-outdoor exhibit. The museum's Laguna Gloria location will put the money toward the construction of the Betty and Edward Marcus Sculpture Park.
"We are tremendously grateful to the Edward and Betty Marcus Foundation for recognizing the extraordinary potential of our new mission at The Contemporary Austin and for moving us ahead by a giant step," museum Executive Director Louis Grachos stated.
The Austinist reported that this is the largest donation made to Contemporary Austin, and it will also be the last grant the Marcus Foundation will award, as the institution is liquidating its assets.
Foundations that support nonprofit programs year-round can use grant management software to help board members and accountants track funds and recipients as awards are allocated.