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Walters completes $30 million fundraising campaign
Walters completes $30 million fundraising campaign

The Walters Art Museum announced Tuesday that it has achieved an important financial milestone by wrapping up a $30 million fundraising campaign that began just two weeks before the 2008 stock market collapse. When the campaign began just before Lehman Brothers went bankrupt, the museum's endowment was $88 million. At the worst of the recession, it plummeted as low as $55 million. After six years of steady efforts to bolster the endowment, the fund has climbed to $118.5 million, according to Ellen Bernard, president of the Walters' board of trustees. Among other things, a bigger endowment will allow the museum to hire two new educators. They'll work with at-risk preschoolers...