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:
“Silence accompanies the most significant expressions of happiness and unhappiness: those in love understand one another best when silent, while the most heated and impassioned speech at a graveside touches only outsiders, but seems cold and inconsequential to the widow and children of the deceased.”
—Anton Pavlovich Chekhov (18601904)
“He said that private practice in medicine ought to be put down by law. When I asked him why, he said that private doctors were ignorant licensed murders.”
—George Bernard Shaw (18561950)