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Peter Zumthor

LACMA receives a historic $75-million windfall, creating an energetic and hope-filled momentum

LACMA receives a historic $75-million windfall, creating an energetic and hope-filled momentum

It once seemed like a herculean, if not insurmountable, challenge – raising $600 million or more for an ambitious modernist building to serve as the new home for the Los Angeles County Museum of Art.

Skeptics abounded when plans were first announced three years ago. But momentum now seems to be shifting in LACMA's favor with the announcement this week of two major donations that will push the fundraising campaign near the halfway point.

Elaine Wynn, who is one of the world's top art collectors and became a museum co-chair last year, has pledged $50 million to the project. At the same time, former Univision chairman A. Jerrold Perenchio has promised $25 million. Combined,...

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