San Francisco Museum of Modern Art Raises Nearly $610 Million

The San Francisco Museum of Modern Art has raised over 90 percent of its $610 million goal for both its 235,000-square-foot expansion and objective to add $245 million to the institution’s endowment. The renovation follows the $305 million wing that was finished nearly two decades ago. It will more than double the space for the museum’s current holdings as well as the 1,100-piece collection of Doris and Donald Fisher, founders of San Francisco-based Gap Inc., which include works by Richard Serra, Alexander Calder, Roy Lichtenstein, Willem de Kooning, Anselm Kiefer, and Chuck Close, among others, reports Dan Levy of the BBC. Museum director Neal Benezra states that its collection from 1960 onward will now be comparable—if not surpass—the size of the contemporary collection at the Museum of Modern Art in New York.