Los Angeles library the recipient of $32 million gift
June 05, 2013
Libraries are no longer just repositories for books and a place to go to access public computers. Many of these buildings double as an area to grab a snack, relax, take a class, look at artwork and many other functions. This will soon be made possible at Los Angeles' Huntington Library, Art Collections and Botanical Gardens.
Private citizen Charles Munger recently gave the institution a gift of $32 million, which fulfills a sizable portion of a $60 million project initiative, which should be completed in 2015. The plan is to put to money toward expanding the library's gardens by 6.5 acres and adding 43,000 square feet of education space, which will be taken up by classrooms, a lecture hall and meeting areas. More space for the library's cafe and gift shop will also be added.
"Charlie, together with his late wife, Nancy, have helped move The Huntington to a much stronger position with respect to how we engage with our various audiences. We are forever grateful for their support," The Huntington's President Steven Koblik noted.
Munger has been heavily involved in expanding academic facilities through his generosity. For instance, in April, he made a gift of $110 million in securities to the University of Michigan for a new graduate student residence hall.
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