Kenneth C. Griffin Fund Commits $20 Million to Norton Museum of Art

Kenneth C. Griffin Fund Commits $20 Million to Norton Museum of Art

The Norton Museum of Art in West Palm Beach, Florida, has announced commitments totaling $20 million from the Kenneth C. Griffin Charitable Fund.

A gift of $16 million to the $100 million Campaign for the New Norton — the largest single gift in the museum's history — will help fund a variety of projects, including construction of a 59,000-square-foot wing designed by Pritzker Prize-winning Lord Norman Foster. Scheduled to be completed in early 2019, the project will result in 37 percent more exhibition space, enabling the museum to expand its schedule of special exhibitions, display more of its collection, and dedicate galleries to its photography collection; 50 percent more space for educational programming; new public gardens; and a new entrance. In recognition of the gift, the wing will be named the Kenneth C. Griffin Building.

The Kenneth C. Griffin Charitable Fund also intends to provide an additional $4 million to endow the museum's directorship position.

"Not since Ralph Norton built the museum itself has there been such a significant investment in it by a single donor," said Hope Alswang, executive director and CEO of the museum. "The gift ensures the success of our campaign for the New Norton and will leave an indelible mark on the institution for many years to come."

"The New Norton is the realization of an ambitious, transformative vision for the museum," said Griffin, founder and CEO of Chicago-based investment firm Citadel LLC. "It will create a wonderful opportunity for generations of Palm Beach families, students, and visitors to learn about and enjoy art."

(Photo credit: Paul Elledge)