Mitchell Rales on operating costs
From Mitchell Rales about Glenstone conceived for ever · · JudithBenhamouReports
“The operating costs will always be taken care of through the endowment.”
On , Mitchell Rales, Co-Founder & Director at Danaher Corporation, spoke about operating costs during Mitchell Rales about Glenstone conceived for ever on JudithBenhamouReports.
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."