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Jean Nouvel

David Geffen gives $100 million to MoMA but says he's still committed to L.A.

David Geffen gives $100 million to MoMA but says he's still committed to L.A.

A year after he surprised the arts world by giving $100 million to Lincoln Center, David Geffen is dropping another cool hundred million on a second New York institution, the Museum of Modern Art.

Officials at MoMA announced Thursday that the entertainment mogul is donating $100 million toward the museum's renovation and expansion, making it the largest gift of the organization's fund-raising campaign and one of the largest in the museum's history.

Geffen's donation, which is a cash gift and will be paid out over a number of years, caps a long personal relationship that the recording industry veteran has had with MoMA.

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