The Morgan Library & Museum Announces Endowment of Its Directorship by Katharine J. Rayner in Honor of Its Centennial

The Jerome L. Greene Foundation Also Pledges
Endowment Funds to the Institution

New York, NY (March 5, 2024) – Last night at their Evening Benefit, the Morgan Library & Museum announced the creation of a named directorship, made possible by a generous $10 million pledge from Katharine J. Rayner, Trustee of the Morgan since 2011. To recognize this extraordinary gift to the endowment, the position of Director at the Morgan will now be known as the Katharine J. Rayner Director for a period of twenty-five years. Dr. Colin B. Bailey, Director since 2015, is the first to hold this title.

This pledge has been made on the occasion of the Morgan’s 100th anniversary in 2024 and toward its Centennial Campaign, which seeks to raise $50 million in critical funds to strengthen the future of the institution’s collections, campus, and people.

The Morgan also announced a $5 million pledge to the Campaign from the Jerome L. Greene Foundation. This gift establishes an endowed fund to support the Morgan’s acclaimed exhibition program. It builds on a number of previous exhibition sponsorships by the JL Greene Foundation, including Treasures from the Nationalmuseum of Sweden: The Collections of Count Tessin (2017), Henry James and American Painting (2017), John Singer Sargent: Portraits in Charcoal (2019), and Georg Baselitz: Six Decades of Drawings (2022).

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