Boston.com / Business / Museum donors set record

Boston.com / Business / Museum donors set record: "BUSINESS NOTEBOOK
Museum donors set record
By Kathy McCabe | April 24, 2005
When the Peabody Essex Museum recast itself as a museum of international art and culture, some wondered how donors would respond to the new paradigm for a beloved Salem institution, famous for its collection of maritime art and artifacts.
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But there seems little doubt that donors approve of the Peabody Essex, the North Shore's largest museum, which two years ago completed a $125 million expansion in downtown Salem.
Donors gave a record $194 million to the Third Century Campaign, an asset-building fund launched more than a decade ago, to pay for the museum expansion. A new 110,000-square-foot wing doubled the size of the museum, adding new gallery, exhibition, and public meeting space."