Lincoln Center gets $10 million for redevelopment

Posted on: October 1, 2009

In Thursday’s (10/1) New York Times, Robin Pogrebin writes about David M. Rubenstein’s decision to start giving his fortune away. “Having amassed a fortune worth $2.7 billion, according to Forbes, as managing director of the Carlyle Group, the heavyweight private equity concern that he helped found in 1987, he currently serves on the boards of about 30 major institutions and says he donates generously to all of them. Now Mr. Rubenstein has given $10 million to Lincoln Center for the Performing Arts for its $1.2 billion redevelopment project. In appreciation, the center’s new visitors’ and ticket space on Broadway—scheduled to open Nov. 24—will be named the David Rubenstein Atrium at Lincoln Center. The redesigned indoor space, between 62nd and 63rd Streets and running from Broadway to Columbus Avenue, was formerly known as the Harmony Atrium. … In the same year, 2004, he joined the boards of the John F. Kennedy Center for the Performing Arts in Washington and of Lincoln Center, where he is now vice chairman. In May he was named to the Smithsonian’s Board of Regents, its Congressionally appointed governing body. Mr. Rubenstein is also on the boards of Duke University in Durham, N.C., where he earned his bachelor’s degree; the University of Chicago, where he earned his law degree; and Johns Hopkins University, which is in his hometown, Baltimore.”

Posted October 1, 2009