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$116 Million Gift Endows National Gallery’s Nationwide Lending Program

The new endowment locks in funding that sends major works to regional museums at no cost to them.

Overview

  • The National Gallery of Art said Wednesday it received $116 million from the Mitchell P. Rales Family Foundation to fund its Art Across the Nation loans in perpetuity.
  • The gift is the largest program endowment in the museum’s history and was timed to the United States’ 250th anniversary.
  • Launched as a pilot last spring, the initiative lends up to ten works to ten small and midsize museums while covering travel, installation, insurance, and marketing costs.
  • The first year drew an estimated 900,000 visitors across ten host sites that showed works by artists such as Georgia O’Keeffe, Rembrandt, and Mark Rothko.
  • The current two-year loans run through 2027, with a new cycle planned for 2027 to 2029 and partner museums to be announced.