L.A. Couple Gives Major Modern-Art Collection
December 12, 2007 | Read Time: 1 minute
The Los Angeles County Museum of Art announced a gift this week from Janice and Henri Lazarof that includes their private collection of 130 works, valued at roughly $100-million, reports the Los Angeles Times. The gift, which includes 20 works by Pablo Picasso spanning 65 years, comes at a key time for the museum as it enters a new phase of renovation and expansion.
Mr. Lazarof, a veteran composer, and Mrs. Lazarof, daughter of the late banker and philanthropist S. Mark Taper and president of the S. Mark Taper Foundation, have kept a low profile in art circles but said they have long considered what to do with their impressive collection. Mrs. Lazarof explained that, as long-time Los Angeles residents, “we wanted to be able to enjoy watching other people enjoy what we had enjoyed for so many years.”
About 80 works from the collection will debut in the museum on January 13, just before the museum opens a new contemporary art building financed by Eli Broad as part of its expansion and renovation project.
(Free registration is required to view this article.)
