Donor offers $5M to help protect Detroit art

Published on NewsOK Modified: December 6, 2013 at 5:01 pm •  Published: December 6, 2013
Advertisement
;

Schaap, 68, said he was meeting Friday with U.S. District Judge Gerald Rosen, who is serving as chief mediator between the city and its creditors while the bankruptcy case moves forward. The Detroit News and Detroit Free Press have reported that Rosen has reached out to foundations and wealthy people to try to raise as much as $500 million to protect the museum and assist pensioners.

Schaap said he read about Rosen's effort and decided to step forward, becoming one of the first to publicly make a pledge. The judge and others in the philanthropic community have declined to comment, although Orr this week said he "fully supports" Rosen's pitch to potential donors.

"I've already heard from people who can't give that much but want to contribute," Schaap said, referring to his $5 million. "We will be looking for a mechanism to make that possible."

Short of cash, Detroit has been relying on deep pockets to meet critical needs. Mayor Dave Bing delivered the last of 23 new ambulances Thursday, all paid for by companies or foundations. One hundred new police cars also are being given to the city.

___

Follow Ed White at http://twitter.com/edwhiteap



Trending Now


AROUND THE WEB

  1. 1
    Report: Caron Butler close to two-year deal with Detroit Pistons
  2. 2
    It’s harder to be a poor student in the U.S. than in Russia
  3. 3
    Man fatally stabbed in west Tulsa early Sunday
  4. 4
    How brain imaging can be used to predict the stock market
  5. 5
    Bridenstine tours Fort Sill, satisfied with facility's transparency
+ show more