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IU Art Museum Receives $15 Million From Eskenazis

By Harrison Wagner

Posted May 11, 2016

Indiana University Alumni Sidney and Lois Eskenazi have donated $15 million to the Indiana University Art Museum. This is the single largest donation in the history of the museum, and one of the largest the University has ever received.

As a part of the University's matching gift program, the University is adding $20 million to the donation. This money will be used to renovate the galleries inside the museum.

In addition to the large monetary donation, the Eskenazis are also donating nearly one-hundred works of art, including pieces from Pablo Picasso, Salvador Dali, and Pierre-August Renoir.

When Lois Eskenazi first visited the IU Art Museum, she says she was blown away.

"Years ago, when I came to my first visit of the IU Art Museum, in the I.M. Pei building, I was flabbergasted and impressed, never realizing that someday, our name would be connected to it. And it is so gratifying," she says.

The Eskenazis have donated to the University before, as well as other IU campuses. In 2011, they contributed $40 million for a new hospital at Indiana University-Purdue University Indianapolis.

Lois Eskenazi says that philanthropy is ingrained in her marriage. Both of her grandfathers were known philanthropists in Chicago, and her husband's family instilled in him the idea of giving.

In honor of the sizable donation, the museum will be renamed the Sidney and Lois Eskenazi Museum of Art, effective today.

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