KANSAS CITY, Mo. (AP) - The Kansas City Art Institute has received an anonymous $25 million donation.
KCAI says in a release that the Greater Kansas City Community Foundation presented the $25 million donation to the school this week. Debbie Wilkerson, president and CEO of the foundation, says the $25 million donation comes from a donor "who has the highest confidence" in the institute.
Tony Jones, interim president of KCAI, calls the donation "transformative" and says it will allow KCAI to continue to support its students and faculty.
The institute says $14 million of the donation is for a general endowment, $5 million will be for campus improvements and $6 million will go toward student scholarships, endowed professorships and visiting professors.
The art institute is a private, independent four-year college of art and design.