Museum of Contemporary Art Chicago Receives $10 Million for Galleries

The Museum of Contemporary Art Chicago has received $10 million from billionaire hedge fund manager Ken Griffin for a new suite of galleries, Crain's Chicago Business reports.

The gift will be used to create the Griffin Galleries of Contemporary Art. Griffin, an avid collector of modern and contemporary art, has served on the MCA board of trustees since 2000.

"It is an honor to support the outstanding organizations that make our community unique, vibrant, and diverse," Griffin said in a statement.

"MCA Gets $10 Million From Ken Griffin." Crain's Chicago Business 02/20/2015.