Brandhorst Foundation
Additionally, there exists in 2009 an impressive endowment of €120 million ($167 million). The interest accruing on it allows an annual acquisition budget of more than €2 million, much more than any other collection in Munich.
Read more about this topic: Museum Brandhorst
Famous quotes containing the word foundation:
“I believe that the mind can be permanently profaned by the habit of attending to trivial things, so that all our thoughts shall be tinged with triviality. Our very intellect shall be macadamized, as it were,—its foundation broken into fragments for the wheels of travel to roll over.”
—Henry David Thoreau (1817–1862)