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David Geffen Gives $100 Million to Museum of Modern Art in New York

Los Angeles–based philanthropist David Geffen has given a $100 million donation to the Museum of Modern Art in New York. The money will support its renovation and expansion. It is the largest amount given yet to these endeavors.

Three floors of new galleries, part of the museum’s expansion into the tower being built to the west at 53 West Fifty-third Street, will be named the David Geffen Wing.

“My passion for art began while visiting the Museum of Modern Art as a young man. Art has been an important part of my life ever since, so I am delighted to lend my support to this exciting effort to celebrate the museum's history and contribute to its future.”

This is not the first time Geffen has given $100 million to a New York arts institution. Last year he gave the same amount to Lincoln Center, which announced that it would rename Avery Fisher Hall in his honor.