The Future Is Now: Winter 2015 Campaign Update
Campaign Update—Winter 2015
Welcome to the latest update on the MFA’s The Future Is Now Campaign. We are thrilled to report that the Campaign has made great progress so far in its second year. As of the end of January 2015—just past the halfway mark of this three-year initiative—we have raised $123 million, and are moving steadily toward our goal to reach $200 million by July 2016.
Total Campaign
$200 million goal
Campaign Challenge
We are especially proud to have raised critical support for the Campaign Challenge, which amplifies by 50 percent those gifts that are unrestricted or otherwise intended to strengthen the Museum’s balance sheet. To date, we have secured $55 million in Challenge gifts and matching funds—a truly energizing contribution to increase the net impact of the MFA’s endowment and ensure the Museum’s long-term financial well-being.
We are incredibly grateful to you, our supporters, for your commitment to the MFA. As we strive to maintain this momentum of progress through the second half of The Future Is Now, we continue to count on the generosity of the entire MFA family, from Board members and annual supporters to Visiting Committee members and our many dedicated volunteers across the Museum.
A detailed report on our progress in each of the five priorities of The Future Is Now follows.
Net Endowment
$130 million goal
Increasing the net impact of the endowment through a combination of budget-relieving and financially stabilizing gifts will ensure the strongest possible foundation for the MFA for the future, and secure the long-term stability of successful programs and critical staff positions.
Gallery Renewal
$20 million goal
Our goal is to bring all of the Museum’s galleries and public spaces to the high standards set by recent gallery renovations, the Linde Family Wing for Contemporary Art, and the Art of the Americas Wing.
School of the Museum of Fine Arts
$10 million goal
During the transformation of the SMFA into an independently accredited college, increased endowment, along with unrestricted and current-use gifts, will support financial aid, campus renovation, and other strategic initiatives, assuring the future success of students as creative leaders in a global community.
New Investments
$15 million goal
The MFA aims to make new investments in strategically important areas, focusing on the development of new programs and the use of technology to enrich the visitor experience.
Annual Support
$25 million goal
Annual support provided through the Patron Program, Museum Council, Corporate Membership, SMFA Medici, and other forms of current-use funding is critical to the operations of the Museum and the School, and included in The Future Is Now. While we are excited to have reached our goal for this segment well ahead of schedule, we look forward to raising more support for the MFA’s and SMFA’s annual programs through the end of the Campaign and beyond!
There is much to explore at the MFA this winter—new exhibitions, spectacular galleries, and engaging lectures and courses. We are also looking forward to celebrating Japan this spring at the Museum. Starting in early April, two fascinating exhibitions, along with a wide range of educational programs, will give our visitors a special taste of Japanese art and culture: a comprehensive retrospective devoted to the Edo-period artist Katsushika Hokusai and a compelling look at the earthquake and tsunami of March 2011 through contemporary photography. Later in the month, we will celebrate the renovation and rededication of Tenshin-en, the Museum’s contemplative Japanese garden.
The MFA’s collection of Japanese art—the largest and finest outside of Japan—has been at the heart of the Museum’s history for over a century. We are proud to honor this distinguished legacy and our longstanding friendship with Japan as we continue to raise funds for a comprehensive renovation of the Museum’s galleries for Japanese art. We invite the entire MFA family to contribute toward this historic effort, and hope that you will join us at the Museum to celebrate Japan this spring.
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Barbara Alfond |
Richard Lubin |
For more information on The Future Is Now, please contact Maria Muller, Deputy Director, at mmuller@mfa.org or 617-369-3494.