Miami Art Museum Receives $1 Million Challenge Grant

The Miami Art Museum has announced a $1 million challenge grant from the Helena Rubinstein Philanthropic Fund at the Miami Foundation.

The grant, which must be matched on a one-to-one basis, will be used to purchase contemporary art in anticipation of the museum's move to a new and expanded facility in 2013. Made by the Helena Rubinstein Foundation before the foundation ceased operations at the end of 2011, the grant will be released in $250,000 installments annually or sooner, depending on how quickly it is matched.

"At the heart of an art museum is its collection, an area in which the Miami Art Museum has tremendous opportunity to grow in ways that are commensurate with the extraordinary building now under construction," said former Helena Rubinstein Foundation president and CEO Diane Moss, who serves on the museum's board of trustees. "It is my hope that this gift will enable new acquisitions and encourage others in our community to contribute to and nurture the growth of this collection."

"Miami Art Museum Receives $1 Million From Helena Rubinstein Philanthropic Fund at the Miami Foundation to Support Ongoing Collection-Building" Miami Art Museum Press Release 01/17/2012.