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