$15M Pledge to Stabilize Troubled Delaware Art Museum - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

$15M Pledge to Stabilize Troubled Delaware Art Museum

Posted: Jan 25, 2018 1:47 PM Updated:

WILMINGTON, Del. (AP)- A philanthropic pair has pledged $15 million to the Delaware Art Museum, which lost its accreditation in 2014 for selling artwork to help pay off debts.

Gerret and Tatiana Copeland's pledge is the largest cash donation in the three decades for which the museum has electronic records.

Gerret Copeland, who chairs the museum's board of trustees, says he wanted to help stabilize the museum's finances, as he voted to sell art to clear $20 million in debts incurred in a 2005 renovation. The museum is now debt-free, but the contentious sale resulted in American Association of Museum Directors sanctions.

CEO Samuel Sweet says the museum is focused on restoring community trust. He says the museum saw its highest attendance in a decade last year.

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