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David Geffen gives $100 million to Museum of Modern Art

NEW YORK, N.Y. – New York’s Museum of Modern Art says it has received a $100 million gift from entertainment executive and philanthropist David Geffen.

MoMA said Thursday that the money will be used for its renovation and expansion.

Three floors of new galleries will be named The David Geffen Wing.

In addition, a suite of galleries in the current museum building will be named The David Geffen Galleries this spring.

Geffen said his passion for art began while visiting The Museum of Modern Art as a young man.

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