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:
“Grandparents can be role models about areas that may not be significant to young children directly but that can teach them about patience and courage when we are ill, or handicapped by problems of aging. Our attitudes toward retirement, marriage, recreation, even our feelings about death and dying may make much more of an impression than we realize.”
—Eda Le Shan (20th century)
“Eddie: Who are you soldier?
Philip Marlowe: Marlowes my name. Im a private detective.”
—William Faulkner (18971962)