The at the has announced gifts totaling $50 million from Lynda and Stewart Resnick and Marcy Carsey to its $180 million capital campaign.
The gifts — $30 million from the Resnicks and $20 million from Carsey — will support a multiyear, top-to-bottom of the museum, including the addition of 40,000 square feet of newly acquired space, a 60 percent increase in gallery space, and the addition of 20,000 square feet of enhanced public space. Construction to date includes last year's renovation of the third-floor exhibition spaces, now featuring a 10,000-square-foot gallery that can accommodate major exhibitions. Work also is under way to transform the courtyard-level performance space and create a dedicated gallery for new media art. In recognition of the largest gift in the museum's history, the building will be named the Lynda and Stewart Resnick Cultural Center.
The estimated cost of the project is $80 million, and the museum plans to raise an additional $100 million to boost its endowment and support for programs and exhibitions.
"For decades, we've been committed to Los Angeles's dynamic arts and culture scene and are proud to witness its growth into a nationally recognized epicenter for cutting-edge talent," said Lynda Resnick, who with her husband co-owns the Wonderful Company. "As longtime admirers of director Ann Philbin's vision and of the Hammer's role in this meteoric rise, we're gratified to be part of this transformative gift that will further solidify the institution's key role in our community."
"We need arts institutions that are also awake to social, political, and economic injustice, and that empower all of us to engage meaningfully with our communities," said Carsey, a television producer who has served as the museum's board chair since 2014. "Under Annie's leadership, the Hammer has shown how to do this in a truly powerful way. I'm thrilled that this campaign has inspired such generosity from the Resnicks and so many others."