Philadelphia's Mayor Street announced a few days ago that Thomas Eakins' The Gross Clinic had been purchased by local institutions and would remain in Philadelphia.
At a packed City Hall news conference, officials said that the Philadelphia Museum of Art and the Pennsylvania Academy of the Fine Arts would share ownership of the 1875 masterpiece.Read the Inquirer story here.
The two museums, which have led a frantic six-week fund-raising campaign to buy the huge canvas from Thomas Jefferson University, have agreed to take on a still-undetermined amount of debt and pay a record $68 million for what is widely viewed as an embodiment of the city's intellectual and creative life.
Officials highlighted four large contributions to the fund-raising effort: $10 million from the Annenberg Foundation, chaired by Leonore Annenberg; $3 million from H.F. "Gerry" Lenfest; $3 million from Joseph Neubauer; and $3 million from the Pew Charitable Trusts.
In total, over the last several weeks, about $30 million has been raised and more than 2,000 contributions have been received from about 30 states, officials said.
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