Major Zankel Gift To Carnegie Hall

Philanthropist Arthur Zankel gave Carnegie Hall $10 million to build a theatre. Now, in his death he has given Carnegie an even bigger gift. “According to the terms of the bequest, Carnegie Hall will end up receiving at least $22 million, the second-largest gift in its history, for its endowment. Proceeds estimated at about $1 million a year will go toward paying for performances and educational projects at Zankel Hall.”