City Life Org – Metropolitan Museum of Art Spring Gala Raises Over $2.6 Million

The Metropolitan Museum of Art, Upper East Side, Manhattan

Funds from the benefit will support the Museum’s educational programs, curatorial efforts and exhibitions

Honoree Brian Moynihan, Chairman and Chief Executive Officer of Bank of America, received the Business Committee’s Civic Leadership Award for his commitment and generous support of cultural institutions

During the event, Bank of America announced a grant to the Museum to support the preservation of newly acquired prints in the James Van Der Zee Archive.

The Metropolitan Museum of Art held its annual Spring Gala on Thursday, June 9, raising more than $2.6 million to support the museum’s educational programs, curatorial efforts, and exhibits. Honoree Brian Moynihan, Chairman and Chief Executive Officer of Bank of America, received the Corporate Committee’s Civic Leadership Award for his generous commitment and support of cultural institutions.

Daniel H. Weiss, President and CEO of the Met, said, “This event is a critical fundraiser for the museum, and we are deeply grateful to Bank of America and Brian Moynihan for their support of both the Met and cultural and community organizations. around the country.”

Honoree Moynihan said, “Bank of America’s partnership with The Met is a crucial pillar of our support for the arts, and we believe in the power of the arts to help local economies thrive, educate and enrich societies. On behalf of Bank of America and my teammates, it is an honor to receive this award and I am grateful to the Met for this recognition.

The evening began with a cocktail party bringing together nearly 400 people and a visit to the exhibition Winslow Homer: Cross Currents, followed by a seated dinner at the Temple of Dendur followed by dessert in the Great Hall. Bank of America is the corporate sponsor of Winslow Homer: Crosscurrents, which plays at the Met Fifth Avenue through July 31.

At the event, Bank of America announced that the museum was one of the recipients of its Art Preservation Project Grants, which provide funds to museums around the world to preserve works of art from around the world. historical or cultural importance that are in danger of decay. This year marks the inaugural Art Conservation Project award for The Met; he will support his efforts to preserve some 500 photographs in the newly acquired archives of American photographer James Van Der Zee (1886-1983). A repository of New York City history, the archive features portraits of thousands of black families marking the many stages of life from birth to death and also likenesses of luminaries such as Mamie Smith, Muhammad Ali, Jean-Michel Basquiat and Adam Clayton Powell, Sr. The James Van Der Zee Archive and this critical curatorial effort will allow the museum to tell a more complete and accurate account of the history of American photography and simultaneously celebrate black culture from the first decade from the 20th century to the 1980s.

Brian Moynihan
Brian Moynihan is Chairman and Chief Executive Officer of Bank of America, where he leads a team of more than 200,000 employees dedicated to improving the financial lives of individuals, businesses of all sizes and institutional investors in the United States and around the world. world.

Bank of America was recognized as a leader in financial services: it was nominated for Fortune the magazine’s list of the world’s most admired companies and the best big companies to work for and as a Global finance‘s Best Bank in the United States and North America in 2020, and was placed on the Forbes list of the best employers in the world in 2019.

The company is the world’s leading bank on Fortune‘s Change the list of worlds. She was also the recipient of the 2019 Catalyst Award for her support of the continued development, empowerment and advancement of women in business and around the world, and is recognized annually as one of the best employers by Working mom, LATINA style, black corporate, military timeand American Veterans Magazine. Bank of America is part of the Forbes List of Corporate Responders of 25 companies going through the health crisis caused by the coronavirus.

Moynihan participates in several organizations that focus on economic and market trends, including the World Economic Forum’s International Affairs Council (Chair), Financial Services Forum, Bank Policy Institute, Business Roundtable, Clearing House (Chair ), the American Heart Association CEO Roundtable (co-chair), the Business Council and the Federal Advisory Council of the Federal Reserve Board. He is also a member of the Vatican Council for Inclusive Capitalism and Co-Chair of His Royal Highness The Prince of Wales’ Sustainable Markets Initiative. Moynihan is chair of the company’s Global Diversity and Inclusion Council and a member of the museum board of the Smithsonian’s National Museum of African American History and Culture, the Brown University Corporation Scholars Council, the Catalyst Board of Trustees, the Council on Competitiveness Board of Directors (Chair) and the Board of Directors of Conscience Appeal.

Moynihan works with local government, business, and civic leaders through his involvement with the Charlotte Executive Leadership Council (Chair), the Massachusetts Competitive Partnership, and the Partnership for Rhode Island.

Metropolitan Museum of Art Spring Gala
Since 1987, the Metropolitan Museum of Art’s Business Committee has hosted an annual Spring Gala, an evening in which tribute is paid to business and civic leaders who exemplify personally and professionally the commitment and generosity so important to an institution such as the Met. The event raises essential funds for the general operating expenses of the Museum. Previous winners have included: Howard S. Marks, Director and Chairman, Oaktree Capital Management, and Michael G. O’Grady, Chairman, President and Chief Executive Officer, Northern Trust (2019); Colm Kelleher, Chairman of Morgan Stanley (2018); Daniel S. Glaser, President and CEO, Marsh McLennan, and Lynne Doughtie, President and CEO, KPMG (2017); Michael L. Corbat, Chairman and CEO, Citigroup, and Oscar L. Tang, Director, Co-Founder, Reich & Tang (2016).