Art News

San Francisco Museum of Modern Art Raises $250 Million for Expansion and Endowment

SAN FRANCISCO, CA.- San Francisco Museum of Modern Art Board Chair Charles R. Schwab today announced that the museum has received landmark contributions totaling more than $250 million to expand the museum and grow its endowment. Comprising more than 50 percent of a projected $480 million campaign goal, these pledges from museum leadership will fuel SFMOMA’s plans to triple its gallery and public spaces; offer enhanced exhibitions, educational programs, and services for the public; and showcase the Fisher Collection, one the world’s finest private collections of modern and contemporary art. Of the total raised to date, $100 million will go toward SFMOMA’s endowment—increasing it by 100 percent—to support expanded programming and operations and to ensure the institution’s long-term success. These early commitments, which will enable the museum to move forward confidently with its expansion, are structured as challenge gr