The Museum of Contemporary Art turns down an offer to merge with the larger and better-endowed Los Angeles County Museum of Art (LACMA).
LACMA proposed the union earlier with pledges of $100-million in funds for MOCA. MOCA has been in financial turmoil in recent months. According to sources, billionaire philanthropist Eli Broad, MOCA's principal benefactor, opposed the merger. Read the Entire Article
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Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.