Anchorage Museum Launches Year-End Fund Raising Push to Offset Governor's Capital Budget Veto
July 30, 2007
Mary Louise Rasmuson offers $1.5 million matching grant
The Anchorage Museum will mount an extensive fund raising campaign to address the $5 million shortfall from Governor Palin's veto of the capital allocation for the Anchorage Museum expansion, said Brian Davies, chair of the museum's Building Committee, in an announcement today.
Museum leadership representing board directors of the Anchorage Museum Foundation, the Anchorage Museum Association and members of the Museum Building and Capital Campaign Committees held a special meeting last week to develop a plan of action to raise the funds needed to for renovations of the existing museum including the incorporation of science exhibitions, as well as to help fund the Smithsonian's Arctic Studies Center exhibition planned for the new wing. Raising the $5 million also will help the museum meet the Kresge Foundation challenge grant and Murdock Charitable Trust matching grant that together total $1.8 million.
The museum will seek additional donations from its leadership supporters, donors, members and the general community in a "Close the Gap" campaign with a Dec. 31 deadline. To help kick off the campaign, Mary Louise Rasmuson, museum founder and long-time member of the Anchorage Museum Foundation, today announced a $1.5 million matching grant for pledges to the campaign received between today and the end of the year.
"While we are very disappointed by the governor's veto, we believe the museum's statewide mission, exhibitions, services and quality education programs will be best served by completing the project as envisioned, which will require raising additional private support," said Brian Davies, chair of the Museum Building Committee.
AMA board chair Joe Griffith is calling on the community to rally for the museum. "I see this as an opportunity for individuals who care about the museum and its programs to step up and put their money where their hearts are."
To date, the museum has raised $110.5 million of the total $116 million needed to both fully fund the construction of the new wing, renovation of the existing museum and an endowment that will help support the operations of the expanded museum. The expansion project was launched in 1999, inspired by a $50 million gift from the late Elmer Rasmuson.
For information on the Close the Gap campaign, contact Joy Atrops-Kimura, capital campaign director, at 343-6175.