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May 14, 2015

$70 Million in Gifts Kick Off Field Museum Capital Campaign

Chicago's Field Museum of natural history announced a $250 million campaign Wednesday to buttress its collections and endowment, stabilize its finances, and make improvements for visitors, the Chicago Tribune writes. The effort starts off with $70 million in hand, including a $20-million donation from the Grainger Foundation for new education and research technology.

A yearlong silent phase also yielded $10 million in contributions from Connie and Dennis Keller and Bill and Linda Gantz, respectively supporting a conservation effort and a center for managing the museum's collection of 27 million items. Forty percent of the overall goal for the campaign, which runs through the end of 2020, is earmarked for the Field's endowment, which stands at $346 million. The museum, which is renowned for its research work, has cut science staff in recent years as it has tackled heavy debt.