An unprecedented endowment from the Walton Family Foundation has been awarded to the Amon Carter Museum of American Art in Fort Worth.
The museum will receive $20 million over five years. The gift honors the late Ruth Carter Stevenson, the Amon Carter’s longtime president of the board, who died in 2013. The gift is the largest in the museum’s history and establishes an endowment to support future exhibition and education initiatives.
Patron of the arts and philanthropist Alice Walton served on the Amon Carter’s board from 2004-2015. She is currently chairman of the board of Crystal Bridges Museum of American Art in Bentonville, Ark., and is on the board of the Walton Family Foundation.
“Mother and Alice were great friends and shared an extraordinary love and knowledge of art – visionaries both,” said Karen Hixon, Amon Carter board president and Stevenson’s daughter. “Alice has been an important part of the Amon Carter and its board for many years. I am thankful for all she has taught me, and words cannot express my gratitude for this gift from the Walton Family Foundation in Mother’s honor.”