SMU receives $45 million gift from The Meadows Foundation, the largest single gift in University history

The Meadows Foundation

SMU receives $45 million gift from The Meadows Foundation, the largest single gift in University history

Meadows Museum, SMUIn the largest single gift in SMU history, The Meadows Foundation, Inc. has pledged $45 million to SMU’s Meadows School of the Arts and Meadows Museum. With this commitment, The Meadows Foundation has provided more than $100 million to the University since 1995.

The $45 million gift, the largest in The Meadows Foundation’s history, includes $25 million to support goals and programs at the Meadows Museum, which houses one of the largest and most comprehensive collections of Spanish art outside of Spain. The gift designates $13 million for exhibitions, education programs and initiatives; $6 million for acquisitions; and $6 million for an acquisition challenge grant.

In addition, the gift will help the Museum expand relationships with international cultural institutions and enhance its reputation as the center for Spanish art in the United States.

“SMU has enjoyed a long and productive partnership with The Meadows Foundation, one initiated by Algur H. Meadows himself through the endowment of the Meadows School and the creation of the Meadows Museum,” said SMU President R. Gerald Turner. “The resulting collaboration has enhanced the lives of thousands of students, faculty and members of the local, regional and international communities. This year, as we celebrate both the 50th anniversary of the Meadows Museum and the centennial of SMU’s opening, we are honored to accept a gift that will continue this extraordinary partnership.”

The Meadows Foundation gift also designates $20 million to the Meadows School of the Arts to support its goal to lead the nation in arts education. The funding will be used to attract and retain top faculty and students, create and maintain innovative programs of national importance and provide enhanced studio, gallery and state-of-the-art classroom spaces. The gift designates $12 million for facility enhancements, including a $10 million challenge grant, and $8 million for student and faculty recruitment and retention, as well as new strategic initiatives.

“Algur H. Meadows’ vision of an innovative school of the arts and a museum of international distinction has been realized in the Meadows School of the Arts and Meadows Museum,” said Linda P. Evans, chairman and CEO of The Meadows Foundation. “This historic gift recognizes their remarkable transformations over the past two decades, as well as the talented leadership in place at SMU. It also serves as a strategic investment in the dynamic futures of the Meadows School of the Arts and the Meadows Museum, serving diverse audiences around the globe.”

The Meadows Foundation is a private philanthropic institution established in 1948 by Algur H. Meadows and his wife, Virginia, to benefit the people of Texas. Since its inception, the Foundation has disbursed more than $775 million in grants and direct charitable expenditures to more than 7,000 Texas institutions and agencies. The Meadows Foundation’s primary areas of giving are arts and culture, civic and public affairs, education, health, and human services, in addition to initiatives focused on the environment, mental health and public education.

Meadows School of the ArtsThe Meadows School of the Arts was named in 1969 in honor of Algur H. Meadows, its primary benefactor.

“This generous gift will help the Meadows School to maintain and continue its historic journey as a national model for arts education,” said Sam Holland, the Algur H. Meadows dean of the Meadows School of the Arts. “We are honored to reflect Algur Meadows’ legacy with a School that continues to create and maintain important programs and initiatives in the arts.”

> Read the full story from SMU News

 

March 23, 2015|News|

$1 million gift endows Meadows Museum directorship

William and Linda Custard of Dallas

William and Linda Custard of Dallas

A $1 million gift from Linda and William Custard of Dallas will establish and endow the position of Linda P. and William A. Custard Director of the Meadows Museum and Centennial Chair in the Meadows School of the Arts at SMU. An additional $1 million from The Meadows Foundation will add to the endowment of the position.

Mark Roglán, who has served as director of the Meadows Museum since 2006, will be the first holder of the position of the Custard Director of the Museum and Centennial Chair in the Meadows School of the Arts. As the chair of the Meadows Museum Advisory Board since 2009, Linda Custard has worked closely with Roglán in development and expansion of Museum programs.

The Centennial designation is a special gift category during SMU’s 100th anniversary commemoration, 2011-15. Centennial endowments include operational funding to support the immediate needs of a scholarship or academic position while the principal of the endowment matures.

“We are deeply grateful to Linda and Bill Custard for their generosity in establishing this endowed position for the Meadows Museum and Meadows School,” said SMU President R. Gerald Turner. “Linda Custard has provided dedicated leadership on the SMU Board of Trustees and the Leadership Council of the Second Century Campaign. This endowed Centennial chair supports one of the campaign’s highest priorities. It brings the total of SMU’s endowed academic positions to 93 toward a goal of 100.”

“Mark Roglán has enhanced the Meadows Museum’s international stature with important new programs, such as a partnership with the Prado Museum in Madrid,” said Linda Custard. “I have been privileged to assist him in implementing some of his exciting plans for the Museum. Bill and I are pleased that we can endow the Museum directorship and delighted that Mark will be the first person to hold the position.”

> Read the full story from SMU News

April 23, 2013|News|
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