Art News

Miami Art Museum receives $35 million gift from Miami developer Jorge M. Perez

MIAMI, FL.- Miami Art Museum announced that long-time museum supporter and Miami-Dade County business leader Jorge M. Pérez has increased his contribution to the museum’s new downtown facility to $35 million. The gift includes $15 million in support to the institution’s Capital Campaign—on top of his original $5 million pledge at the campaign’s outset—bringing his total monetary support for the museum’s building project to $20 million–a 300% increase from his original pledge. The monetary gift brings the total amount raised for the museum’s Herzog & de Meuron-designed building in Miami’s Museum Park complex to $167 million of its $220 million goal. Pérez will also donate a portion of his Latin American art collection valued at more than $15 million to the museum’s permanent collection, bringing his total support to the museum to $35 million. The museum will be renamed