> ## Content Index
> Fetch the complete content index at: https://hyperallergic.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Automakers Pledge $26 Million to Detroit Institute of Arts
- URL: https://hyperallergic.com/automakers-pledge-26-million-to-detroit-institute-of-arts/
- Published: 2014-06-09T17:55:11.000Z
- Updated: 2025-11-24T16:33:22.000Z
- Description: The Detroit Institute of Arts announced today that the city's automakers will contribute $26 million to the museum's $100 million share of a "grand bargain" fund destined to support municipal pensions.
- Author: Claire Voon
- Tags: In Brief, Detroit Bankruptcy, Detroit Institute of Arts, #wp, #wp-post, #image-position-hidden, #Import 2025-11-24 07:03 (2014, 2015, part 1)

![The Detroit Institute of Arts (via Wikipedia)](https://storage.ghost.io/c/51/f8/51f871d8-b6be-4a73-b958-0ca4fff0110a/content/images/hyperallergic-newspack-s3-amazonaws-com/uploads/2014/06/detroit_institute_of_arts_august_2011_02.jpg)

The Detroit Institute of Arts (image via Wikipedia)

The Detroit Institute of Arts announced today that the city’s automakers will contribute $26 million to the museum’s $100 million share of a [“grand bargain” fund](https://hyperallergic.com/detroit-institute-of-arts-commits-100m-to-bailout-fund/) destined to support municipal pensions. The funds were raised pursuant to a deal struck in early May meant to save the museum’s art collection from possible sale or collateralization; last Thursday, the Detroit City Council unanimously approved Emergency Manager Kevyn Orr’s plan to transfer ownership of city-funded artworks in the DIA collection to an “irrevocable trust” in exchange for the promised $100 million in contributions to pensions over two decades, the *Detroit News* has [reported](http://www.detroitnews.com/article/20140609/METRO01/306090042?ref=hyperallergic.com#ixzz34AH4nZIQ).

The museum had initially [approached the car companies in May with a request](http://www.freep.com/article/20140513/NEWS01/305130027/Detroit-chapter-9-bankruptcy-Detroit-Institute-of-Arts-Chapter-9-GM-General-Motors-Chrysler-Ford?ref=hyperallergic.com) for a combined grant of $50 million. Speaking at a news conference today, DIA board chairman Gene Gargaro and Michigan governor Rick Snyder stated that Ford and General Motors have each pledged $10 million and Chrysler $6 million to the DIA’s share of the fund. In addition to the museum’s portion, the overall grand bargain constitutes $195 million in state tax dollars and $366 million contributed by various local and national foundations**.**

Other major donors — in Michigan and elsewhere — are expected to follow suit. [According to the *Detroit News*](http://www.detroitnews.com/article/20140609/METRO01/306090042/DIA-expected-announce-26M-commitment-from-automakers-today?ref=hyperallergic.com), DTE Energy Co. may be considering a contribution of $5 million, and the DIA has reached out to several companies and individuals for donations, including Quicken Loans and the Penske Corporation. The [*Detroit Free Press* reports](http://www.freep.com/article/20140606/NEWS01/306060163/DIA-grand-bargain-and-big-three?ref=hyperallergic.com) that Blue Cross Blue Shield of Michigan and the Los Angeles-based Getty Foundation are said to be considering financial support as well.

[![](https://storage.ghost.io/c/51/f8/51f871d8-b6be-4a73-b958-0ca4fff0110a/content/images/hyperallergic-newspack-s3-amazonaws-com/uploads/2014/06/screen-shot-2014-06-09-at-12-21-54-pm.png)](https://twitter.com/DIADetroit/status/476018718254718977?ref=hyperallergic.com)