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January 27, 2016

$35 Million Bequest Boosts Chicago Museum's Purchasing Power

The Art Institute of Chicago announced a gift of more than $35 million Tuesday from the will of a late art collector and longtime benefactor, the Chicago Tribune reports.

The donation by Dorothy Braude Edinburg is earmarked for art acquisitions and will likely boost the museum's holdings in prints, drawings, and Asian arts, the focus of past contributions by the Massachusetts collector who died last year. She has given the institute some 1,500 works since the early 1990s, nearly two-thirds of them arriving in a single 2013 donation. The final cash amount of the bequest has yet to be determined.