
After Delay, Broad Foundation Makes Payment to L.A. MOCA
The Broad Foundation has made a $1.5 million payment to the Los Angeles Museum of Contemporary Art after withholding a scheduled payment earlier this month because, as a foundation spokesperson told the Los Angeles Times, $2.1 million previously given to the museum had not yet been used. The payments are part of a 2008 agreement that Eli Broad would give MOCA $3 million a year for five years to help support its exhibitions programming. Read More




