Los Angeles’ Museum of Contemporary Art (MOCA) has finally reached its goal of raising $100 million.
The museum’s board of trustees achieved this goal in less than ten months and, at the same time, established their independence as the only public museum in Los Angeles dedicated solely to collecting and exhibiting contemporary art.
The initial campaign was launched in spring of 2013 in order to preserve the museum’s heritage.
Those instrumental in this achievement include Board of Trustees members David Johnson and Maria Bell, as well as campaign co-chairs Eugenio Lopez, Vice Chair of the Board and Jeffrey Soros, President Emeritus of the Board, President of the Board Fred Sands, Vice Chair of the Board Lillian Lovelace, in-coming co-chairs Maurice Marciano and Lilly Tartikoff Karatz, as well as Interim Director Maria Seferian, who has led the board during the museum’s search for a permanent director in the wake of Jeffrey Deitch‘s departure.
The museum has already established a new goal as soon as they reached the first: to raise $150 million in funds.