Muckety
 
 
 
 
 

Lauder gives $131 million to the Whitney

By Laurie Bennett

March 19, 2008 at 9:36am

Cosmetics magnate Leonard A. Lauder has made the biggest gift the Whitney Museum has ever received.

Lauder, chairman of the museum board and of Estee Lauder Companies, is contributing $131 million to the Whitney, with most of the gift going to the art museum endowment.

The Lauders rank as a first family of the New York art world. Leonard Lauder’s brother, Ronald S. Lauder, is chairman emeritus of the Museum of Modern Art and a co-founder of the Neue Galerie.

By jingling the coins in his pocket, Leonard Lauder may prompt other Whitney trustees to increase their support. Among the board’s many wealthy members:

· Wall Street financier Thomas H. Lee, who is also a trustee of the Museum of Modern Art. His wife, Ann Tenenbaum, is a trustee of the Metropolitan Museum of Art and a member of the New York City Art Commission. The couple were also major benefactors of the Dia:Beacon, on the Hudson north of New York City.

· Wilbur Ross, who is in the midst of a $1.1 billion deal to buy H&R Block’s Option One mortgage servicing business

· Chicago developer Neil G. Bluhm, who is also a trustee of the Art Institute of Chicago

· Billionaire Steven Roth, chairman of Vornado Realty

· Eric Mindich, chief of the Eton Park hedge fund

· Norton Utilities creator Peter Norton, who also sits on the board of the Museum of Modern Art and the Los Angeles County Museum of Art.

Follow Muckety on Twitter Tweet This! Share on Facebook

Click here to sign up for the Muckety Newsletter

 Read related stories: Arts · Philanthropy & nonprofits  

0 Comments

  • There are no comments yet, be the first by filling in the form below.

Leave a Comment

The relationship map to the left is interactive.
• Solid lines are current relations. Dotted lines are former relations.
• Expand items with + signs by double-clicking or by selecting multiple items in the map and pressing the "e" key.
• Move an item in the map by clicking and dragging.
• You can also delete items, separate boxes and save maps. Right-click on the map or select Map Tools for these options.
• Find out more about an item in the map by right-clicking on the item and choosing Information about...
• View map color key.
• This interactive map requires Flash player.


Become a fan of Muckety on Facebook

  • Search for stories
      
    Special Features

Follow Muckety on Twitter Follow Muckety on Twitter
Muckety has no direct connection to most of the people or organizations listed on these pages.
We are unable to forward personal messages or provide personal contact information.
We make every effort at Muckety to ensure that our data is correct and timely. However, relationships are in constant flux and we cannot guarantee accuracy. If you come across incorrect or outdated information, please let us know by email.
© 2017 Muckety LLC