{"id":4389,"date":"2016-05-16T10:31:53","date_gmt":"2016-05-16T15:31:53","guid":{"rendered":"http:\/\/mam.org\/info\/pressroom\/?p=4389"},"modified":"2016-05-16T19:32:50","modified_gmt":"2016-05-17T00:32:50","slug":"donna-and-donald-baumgartner-make-historic-endowment-gift-to-milwaukee-art-museum","status":"publish","type":"post","link":"https:\/\/mam.org\/info\/pressroom\/2016\/05\/donna-and-donald-baumgartner-make-historic-endowment-gift-to-milwaukee-art-museum\/","title":{"rendered":"Donna and Donald Baumgartner make historic endowment gift to Milwaukee Art Museum"},"content":{"rendered":"

Donna and Donald Baumgartner make historic endowment gift to Milwaukee Art Museum<\/strong><\/p>\n

-$8 million gift dedicated to support Museum Director; largest gift ever made to institution\u2019s\u00a0endowment-<\/em><\/p>\n

Milwaukee, Wis. \u2013 May 16, 2016<\/strong> \u2013 The Milwaukee Art Museum today announced that Donna\u00a0and Donald Baumgartner will make an $8 million gift to the Museum\u2019s endowment. Their gift is dedicated to support the position of Museum Director, whose title will be named the Donna and\u00a0Donald Baumgartner Director of the Milwaukee Art Museum. This is the largest gift made to the\u00a0Museum\u2019s growing endowment fund in the institution\u2019s history.<\/p>\n

\u201cWe\u2019ve been so inspired by Dan Keegan\u2019s leadership and vision for the future, in particular his\u00a0passion for securing the viability of the Museum for generations to come. We wanted to carry on\u00a0his legacy and keep the momentum going,\u201d said Donna Baumgartner.<\/p>\n

Keegan will retire this week after more than eight years as Museum Director.<\/p>\n

The historic gift to the Museum\u2019s endowment comes on the heels of the Baumgartner\u2019s recently announced transfer of ownership of the family company, Paper Machinery Corp., to its employees. Donald Baumgartner founded the company in 1951, which today employs more than 250 people and is the world\u2019s leading manufacturer of machines used to produce paperboard cups and containers for brands such as McDonald\u2019s, Starbucks, KFC and Tim Hortons. The Baumgartners\u2019 pride of all things Milwaukee also links their business to their philanthropy. Every machine produced at Paper Machinery Corp. carries a plaque reading \u201cMade in Milwaukee\u201d along with an image of the Milwaukee Art Museum.<\/p>\n

The Baumgartners are longtime supporters of the Museum, and Donald is a current trustee and a past president of the board. He was part of the architecture selection committee and served as chairman of the building committee during the construction of the Santiago Calatrava-designed addition, which has since become the iconic symbol of Milwaukee. Their endowment gift is yet another signal that the Baumgartners aim to support the causes they are passionate about during the next chapter in their lives.<\/p>\n

\u201cWe are very proud of the Milwaukee Art Museum as an institution and as a vital part of the city in which we\u2019ve lived and worked,\u201d said Donald Baumgartner. \u201cOur gift is a way to celebrate past accomplishments and support future directors as they lead Milwaukee\u2019s most acclaimed cultural institution.\u201d<\/p>\n

Endowment gifts are invested permanently and only the earnings are used for the donors\u2019 intention. The original gift therefore remains intact in perpetuity generating income for the Museum\u2019s operations for generations to come.<\/p>\n

\u201cI am deeply honored and humbled by this significant gift to the Museum, and we are all grateful to the Baumgartners for their unwavering support,\u201d said Keegan. \u201cThere is no finer legacy gift than a gift to the endowment, and this sets a strong foundation for future directors to build on.\u201d<\/p>\n

About the Milwaukee Art Museum<\/strong><\/p>\n

Home to a rich collection of more than 30,000 works of art, the Milwaukee Art Museum is located on the shores of Lake Michigan. Its campus includes the Santiago Calatrava\u2013designed
\nQuadracci Pavilion, annually showcasing three feature exhibitions, and the Eero Saarinen\u2013designed Milwaukee County War Memorial Center and David Kahler\u2012designed addition. The Museum recently reopened its Collection Galleries, debuting nearly 2,500 world-class works of art within dramatically transformed galleries and a new lakefront addition.<\/p>\n","protected":false},"excerpt":{"rendered":"

Donna and Donald Baumgartner make historic endowment gift to Milwaukee Art Museum -$8 million gift dedicated to support Museum Director; largest gift ever made to institution\u2019s\u00a0endowment- Milwaukee, Wis. \u2013 May 16, 2016 \u2013 The Milwaukee Art Museum today announced that Donna\u00a0and Donald Baumgartner will make an $8 million gift to the Museum\u2019s endowment. Their gift … Donna and Donald Baumgartner make historic endowment gift to Milwaukee Art Museum<\/span><\/a><\/p>\n","protected":false},"author":888,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4389","post","type-post","status-publish","format-standard","hentry","category-featured-press-release"],"acf":[],"_links":{"self":[{"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/posts\/4389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/users\/888"}],"replies":[{"embeddable":true,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/comments?post=4389"}],"version-history":[{"count":4,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/posts\/4389\/revisions"}],"predecessor-version":[{"id":4393,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/posts\/4389\/revisions\/4393"}],"wp:attachment":[{"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/media?parent=4389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/categories?post=4389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mam.org\/info\/pressroom\/wp-json\/wp\/v2\/tags?post=4389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}