Pérez Art Museum Miami Reaches 90 Percent of Capital Campaign Goal

Community Space Connecting Pérez Art Museum Miami and Frost Science Museum Named Knight Plaza, in Recognition of $20 Million Gift from John S. and James L. Knight Foundation.

MIAMI – NOVEMBER 21, 2013 – With less than two weeks until its public opening, Pérez Art Museum Miami (PAMM) has reached 90 percent of its $220 million capital campaign goal. Eight million in new gifts include $1 million from Ana Cristina and Edgardo Defortuna, $1 million from Eva and Matthew Gorson and more than $6 million in other combined gifts. With all funds raised for construction, all gifts support the museum’s endowment. The museum will open its new and expanded facility, designed by Herzog & de Meuron, in downtown Miami on December 4 during Miami Art Week/Art Basel Miami Beach week.

“We are grateful for the continued financial support of the committed donors in our community,” said Thom Collins, PAMM’s director. “These gifts enable us to expand our collection and to develop new programming that responds to our audiences’ cultural interests and needs. It is crucial to our future success, and keeps our capital campaign moving rapidly forward to meeting our goal.”

In addition, Pérez Art Museum Miami and its neighboring Patricia and Phillip Frost Museum of Science have named the community space that connects the two museums Knight Plaza, in honor of the Knight brothers, who led one of Americas great newspaper companies steps from the location.

“The plaza is an opportunity to bring South Floridians together and to solidify downtown’s growing cultural town center,” said Alberto Ibargüen, president of the john S. and James L. Knight Foundation, which contributed a combined $20 million for the construction of the new museums.

"Jack and Jim Knight firmly believed that informed and engaged communities are the key to a healthy democracy," said Alberto Ibargüen, president of the John S. and James L. Knight Foundation. "This plaza, and these new museums, honors those values by connecting people to art and science and inspiring and challenging us all to continue building a greater Miami."

The donors of these gifts are long-time supporters of the museum and wanted to support the successful completion of the Museum’s building project and campaign. This commitment follows several other recent gifts, including a gift of more than 100 works of art from Craig Robins and Jackie Soffer.

The new facility in downtown Miami will strengthen PAMM’s role as a vital cultural and educational center and provide generous spaces to showcase the museum’s art holdings and attract more top caliber exhibitions. Opening as Pérez Art Museum Miami in recognition of a landmark leadership gift of cash and art from Jorge M. Pérez—now valued at $40 million—the museum will serve as a resource commensurate with Miami’s thriving community of artists, designers, collectors and arts-engaged public. 

About Pérez Art Museum Miami
Pérez Art Museum Miami, formerly Miami Art Museum, is a vital cultural and educational center in one of the fastest growing regions in the country, where a confluence of Caribbean, North American, and South American cultures adds vibrancy and variety to civic activity. With the opening of its Herzog & de Meuron-designed building in downtown Miami in December 2014, the Museum serves as a resource commensurate with Miami’s thriving community of artists, designers, and collectors, its art-engaged public, and the location of some of the world’s most important art and design fairs. PAMM is committed to collecting art of the 20th and 21st centuries and that represents and responds to Miami’s cultural diversity. The Museum’s new facility has enabled the Museum to expand its exhibition, public, and progressive education programs, and to provide its community with innovative and exciting cultural experiences. 

For more information, please visit pamm.org, find us on Facebook (facebook.com/perezartmuseummiami), or follow us on Twitter (@pamm).