DONATIONS PUSH DISNEY HALL PROJECT CLOSER TO BUILDING GOAL.Byline: Rick Orlov Daily News Staff Writer In a splurge of donations bringing it almost to its goal, Walt Disney Concert Hall This article or section may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. This article has been tagged since September 2007. officials announced Tuesday they received $12 million in new pledges that will help build a 300-seat children's amphitheater at the downtown site. Disney Hall board Chairman Bill Siart said the group is only $700,000 shy of its goal of $208.9 million to cover construction costs on the Frank Gehry-designed facility across from the Music Center that will be home to the Los Angeles Philharmonic The Los Angeles Philharmonic (LAP) is an American orchestra based in Los Angeles, California, United States. History Founded in 1919 by William Andrews Clark, Jr. . Siart said more than $63 million has been banked, with the remaining money coming in over the next three years. Construction is expected to start later this year and be completed in the autumn of 2002. Former board Chairman Eli Broad Eli Broad (born June 6, 1933) a native of Detroit, Michigan is a Jewish American billionaire who lives in Los Angeles, California. His last name is pronounced as rhyming with road. Broad is well known for his philanthropy and extensive art collection. said the new contributions were a significant step in seeing the final dream of the concert hall come true. ``When I think back to where we started and how we resuscitated re·sus·ci·tate v. re·sus·ci·tat·ed, re·sus·ci·tat·ing, re·sus·ci·tates v.tr. To restore consciousness, vigor, or life to. See Synonyms at revive. v.intr. To regain consciousness. this plan, bringing it back from the dead, with the $5 million from myself and Mayor (Richard) Riordan, I can't believe it,'' Broad said, describing himself as going into ``professional begging'' mode to get the final contributions. Two of the contributions were for $5 million each, from the Starr Foundation and the W.M. Keck Foundation. The Keck Foundation grant allows Disney Hall to restore its plans to have a children's amphitheater, which was eliminated because of cost. David Thomas of the Keck Foundation said that over the past dozen years, the endowment has donated more than $70 million to charities with $40.4 million of that going exclusively for the benefit of children. ``When we were approached on this we said it ties in perfectly with what we're doing,'' Thomas said. The Starr Foundation is based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and was founded in 1955 by Cornelius Vander Starr Cornelius Vander Starr (October_15, 1892 - December 20, 1968) was an American businessman. He founded the American International Group insurance corporation. Starr was born in Fort Bragg, California, where his Dutch father was a railroad engineer. , who also founded the American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , which recently merged with Broad's SunAmerica Inc. in a multibillion-dollar deal. Han Greenberg, chairman of AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group and the Starr Foundation, said the donation was part of the company's efforts to support organizations in cities where it does business. ``The Disney Hall project seemed a perfect fit in combining the Starr Foundation's history of supporting the arts along with AIG's increased presence in the Southern California marketplace,'' Greenberg said. The two other donations are $1 million from the Boeing Co. and $1 million from Sempra Energy. |
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