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Morgan Library and Museum Receives $5 Million Grant

The Morgan Library and Museum in New York announced today that it was awarded a $5 million grant from the Sherman Fairchild Foundation. The funds will endow the leadership position in the conservation department and support the restoration of the exterior of its 1906 McKim building, the original private study and library of financier Pierpont Morgan.

Colin B. Bailey, director of the museum, said, “The McKim building is the historic heart and soul of the Morgan. Its preservation and restoration is the institution’s highest priority capital project over the next decade.” Designed by Charles Follen McKim of the architectural firm of McKim, Mead & White, the neoclassical structure is a National Historic Landmark. The Morgan completed a restoration of its interior in 2010.

The museum’s state-of-the-art Thaw Conservation Center—known for its work across a variety of media, including rare books, prints and drawings, and medieval and Renaissance manuscripts, as well as for its education and training programs—was established in 2002.