Significant Private Funding
A significant portion of the funding, needed to build the center, came from the estate of the late Gus Wortham (1891–1976), a local philanthropist and founder of American General Insurance Company. The Wortham Foundation contributed $20 million for the construction of the new Theater Center, which was named for him. In spite of the late 1980s banking and oil recession, more than 3,500 donors committed funds for the new facility in a major community effort with nearly 2,200 individuals donating $100 or less to the capital campaign. Additionally, the Cullen Foundation contributed $7.5 million, and the Brown Foundation gave $6 million to the building fund.
Read more about this topic: Wortham Theater Center
Famous quotes containing the words significant and/or private:
“Is it impossible not to wonder why a movement which professes concern for the fate of all women has dealt so unkindly, contemptuously, so destructively, with so significant a portion of its sisterhood. Can it be that those who would reorder society perceive as the greater threat not the chauvinism of men or the pernicious attitudes of our culture, but rather the impulse to mother within women themselves?”
—Elaine Heffner (20th century)
“Hence, the less government we have, the better,—the fewer laws, and the less confided power. The antidote to this abuse of formal Government, is, the influence of private character, the growth of the Individual; the appearance of the principal to supersede the proxy; the appearance of the wise man, of whom the existing government, is, it must be owned, but a shabby imitation.”
—Ralph Waldo Emerson (1803–1882)