Have Money, Will Dangle Museum…

“Eli Broad is ready to build himself a west side museum to house his 2,000-piece contemporary art EliBroadClendenin collection, and send it into the world with a $200 million endowment that he reckons will give it a $12 million a year budget before another penny is earned or raised. That would be the largest single hunk of cash ever bestowed on the arts in Southern California.”