Walters Art Museum Raises $30 Million For Endowment
BALTIMORE (AP) -- The Walters Art Museum has raised $30 million in its Sharing the Gift fundraising campaign.
Walters board of trustees president Ellen N. Bernard said in a news release Tuesday that the campaign was launched in 2008 and raised money for endowment and operations.
Revenue from endowment makes up a third of the museum's annual operating budget. Bernard says through contributions to the campaign, market growth and financial management, the museum increased its endowment to $118.5 million in December.
The Waters' collection includes ancient art, medieval art and manuscripts, decorative objects, Asian art and Old Master and 19th century paintings.
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