1:06pm: The largest solar storm in five years is battering the earth today with particles traveling at four million miles per hour, and the potential to shake the planet’s magnetic field, disrupt utility grids & satellite networks, and make GPS less accurate. The storm could also trigger communication problems and additional radiation around the north… Continue reading Solar Storm Could Play Havoc With Modern Technology; How to Raise a Billion Dollars; The Hottest Pepper in the World: Today on Here and Now
The public phase of the Speed Art Museum’s capital campaign has begun. The five-year campaign to pay for a second museum building began silently in 2007. Since then, the Speed has raised $42.5 million, which is on track with the campaign schedule. Much of the current sum was raised through large donations. But now the… Continue reading Speed Museum Takes Capital Campaign Public
A stolen Italian painting that’s been in the Speed Museum’s collection for nearly 40 years is now on display in Louisville for the last time. The Speed purchased the piece in 1973 for $38,000, and museum officials didn’t know it was stolen until a few months ago. The Speed worked with the U.S. and Italian… Continue reading Venable Discusses Stolen Art, Speed Fundraising
Stepping down as the U.S. Ambassador to Sweden, Louisville technology entrepreneur Matthew Barzun will be President Barack Obama’s re-election campaign finance chair. Political observers have estimated Mr. Obama’s bid in 2012 could be the first to raise $1 billion, and plucking a finance guru like Barzun is a sign that’s a serious goal. From the Boston… Continue reading Barzun Leaving Diplomatic Post to Oversee Obama Fundraising
Speed Art Museum director Charles Venable discussed the museum’s impending $79 million makeover Saturday. Venable told the crowd the capital campaign for the expansion and renovation is the largest ever attempted by a Kentucky arts organization.
In a statement Monday, board chair Ron Murphy praised Cowen’s management of successful fundraising campaigns, and Tuesday, he said interim president Barbara Sexton Smith will be capable of taking over.
“The campaign is institutionalized at this point,” he says. “The running of the campaign over the last number of years, Barbara has really driven it. Allen has been involved in more niche arrangements and thinking and strategy discussions. It’s pretty well been run by the staff.”
Visual Art Association board chair Benton Keith was among the loudest voices calling for Cowen’s dismissal. He says the retirement is welcome, but inequities still exist.
The Louisville Zoo’s fundraising campaign for the Glacier Run exhibit is over, thanks to last-minute donations that helped secure a matching grant.
In the fall of 2008, the Kresge Foundation promised to donate $900 thousand if the zoo could raise about $8 million by the end of this year.
The ceremony does not mark the end of the campaign, which runs through March. Instead, officials will give an update on this year’s fundraising. While previous campaigns have sought to raise nearly 30 million dollars each year, spokesperson Mark Zanni says there was no goal for 2010.
The “Charting our Course” campaign began silently three years ago. During the silent phase, U of L officials raised about 360 million dollars toward the campaign’s 750 million dollar goal.