Philanthropist Gives $160 Million To Yale’s Peabody Museum

Edward P. Bass, a Yale alumnus, businessman and philanthropist, said his gift was motivated by a belief in institutions. “I see institutions as having the power to transmit and perpetuate a set of fundamental values, and to do so generation to generation,” he said in a phone interview. Yale, he added, is a particularly strong institution with a long history: “It’s been more than 300 years, so I have some faith.”

Article source here:Arts Journal