WASHINGTON (AP) — A leading Washington philanthropist has offered an alternate plan to save the Corcoran Gallery of Art and its art college.
Wayne Reynolds outlined the plan in court hearings this week over whether to break up the nearly 150-year-old museum.
Reynolds, who led a $54 million campaign to turn around Ford's Theatre, testified Wednesday that he could marshal dozens of major donors to save the Corcoran and make it a world-class center for creativity and innovation in art and technology.
Reynolds says Corcoran officials asked him to become their next chairman but then later rebuffed his interest.
Instead, Corcoran officials signed a deal to merge with George Washington University and the National Gallery of Art. If a judge approves, most Corcoran assets would be turned over to the larger institutions.