April 27, 2015

Gifts Roundup: Art Institute of Chicago Gets Prized Collection

Jeremy Lawson

Stefan Edlis and Gael Neeson

The Art Institute of Chicago received a valuable collection of works from philanthropists Stefan Edlis and Gael Neeson, the museum announced last week.

The collection includes works from Jasper Johns, Jeff Koons, Andy Warhol, and others. The donor and curators at the museum pegged the value of the collection at $400-million, according to the Chicago Tribune. However, a museum spokeswoman told The Chronicle that the institution never discloses the value of an artwork or collection of works.

Other new gifts:

  • Steven Green, a U.S. Ambassador to Singapore from 1997 to 2001, and his wife, Dorothea, gave Florida International University $20 million for its School of International and Public Affairs. The money is coming through the Green Family Foundation, the university reported. The gift will endow academic, research, and public-affairs programs focused on transnational studies, international institutions, and security policy in the Americas. Some of the money will also go toward a new building for the newly named Steven J. Green School of International and Public Affairs. Mr. Green, a former chief executive of the Samsonite Corporation, will lead the Green School’s efforts to attract donations from other philanthropists and involve political and diplomatic leaders throughout the world in the school’s programs.
  • Auburn University announced it received a $57 million pledge last week from John and Rosemary Brown, both 1957 Auburn graduates. The money will go toward a new performing-arts center and a new student center in the Samuel Ginn College of Engineering. Mr. Brown is a former chief executive and chairman of the Stryker Corporation, a medical-device company, and Ms. Brown is a retired mathematics teacher.
  • The Albert Lepage Foundation has committed $12.5 million to Tulane University’s A.B. Freeman School of Business for an entrepreneurship program, reported Tulane. Mr. Lepage earned an MBA from the business school in 1971 and went on to run his family’s company, Lepage Bakeries, until his retirement last year.
  • Carlos Alvarez, the founder of the Gambrinus Company, a beer producer that owns brewing companies in California, Oregon, and Texas, has given $1 million to Oregon State University’s fermentation science program. The institution reported that the money will pay for a new research brewery to be housed in Oregon State’s Wiegand Hall Pilot Plant Facility, where fermentation science students learn about the brewing and packaging process.

Send an email to Maria Di Mento.