LA MOCA board exceeds initial endowment target of $100 million

Room To Live: Recent Acquisitions And Works From The Collection, LA MOCA. Photo: Brian Forrest

Good news for the formerly troubled Museum of Contemporary Art, Los Angeles (MOCA) whose board of trustees has announced that, in less than ten months, it has exceeded its initial goal of raising its endowment $100 million, thereby securing the museum's independence.

Fundraising will continue with the next goal to raise the endowment to $150 million.