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Mitchell Rales
Co-Founder & Director, Danaher Corporation

Mitchell Rales about Glenstone conceived for ever

🎥 Sep 26, 2018 📺 JudithBenhamouReports ⏱ 1m
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About Mitchell Rales

Mitchell Rales discussed the long-term vision for the Glenstone Foundation, stating that it will be "endowed in perpetuity so that it will never have an issue sustaining itself." He said the endowment will cover operating costs and allow the foundation to support exhibitions and art acquisitions around the world. Rales noted that the foundation's building was designed to last a hundred years, which he described as "the longest that you can do in the architectural world today." Rales also addressed the foundation's role in the context of arts funding in the United States, saying, "We're disappointed with funding for the arts in America." He stated that Glenstone aims to "help pick up the slack" through school programs, covering all costs for student visits. Rales attributed the need for such efforts to school systems that have "defunded the arts in favor of math and science," adding, "somebody's got to pick up the slack."

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Transcript (1 segments)
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Mitchell Rales0:10
The Glenstone Foundation will be endowed in perpetuity so that it will never have an issue sustaining itself. The operating costs will always be taken care of through the endowment, and the Glenstone Foundation will also be able to do different things with its money around the world to help with exhibitions, to help with art acquisitions. So it will have the opportunity to do lots of different things. But even as a construction, yes, I've done fire that was all 100 years. Yes, we respect the building architecture early for a 100-year building, which is the longest that you can do in the architectural world today. But kids come to visit, we take care of all the costs. The school systems have defunded the arts in favor of math and science, and so somebody's got to pick up the slack.