$20 Million Gift Completes $83 Million Campaign for Cultural Facilities - Wells Fargo Cultural Campus to be named The Levine Center for the Arts

(CHARLOTTE, N.C.) – The Campaign for Cultural Facilities, an $83 million private endowment campaign to support new and renovated cultural facilities, has successfully reached its goal due to a recent generous gift of $15 million from The Leon Levine Foundation and a $5 million gift in honor of Sandra and Leon Levine from Duke Energy.

In honor of Sandra and Leon Levine’s generosity, Wells Fargo & Company will rename the Wells Fargo Cultural Campus, home to Bechtler Museum of Modern Art, Harvey B. Gantt Center for African-American Arts + Culture, John S. and James L. Knight Theater and Mint Museum, The Levine Center for the Arts.

“We are proud to be part of this collaborative effort,” said Leon Levine, chairman of The Leon Levine Foundation.  “It has required the hard work of multiple committees and task forces representing business, government and nonprofits.  I’m confident that this cultural Center will be the envy of other cities and a model for future generations of Charlotteans.”

“I am inspired by the generosity of Sandra and Leon Levine,” said Duke Energy Chairman, President and CEO and Cultural Facilities Campaign Co-chair James E. Rogers.  “To honor their commitment to this community, Duke Energy is proud to provide a $5 million gift in their name.  The completion of this campaign was a critical step to securing the resources needed for these cultural organizations and reminds everyone that Charlotte gets things done.”

Duke Energy’s $5 million gift to honor Sandra and Leon Levine follows a $5 million contribution the company made to the Cultural Facilities Campaign when the campaign was launched in October 2006.

The Campaign for Cultural Facilities supports the first phase of cultural projects in the Cultural Facilities Master Plan, a 25-year vision for cultural facility development across Charlotte-Mecklenburg led by the Arts & Science Council (ASC).  

The success of one of the largest and most expansive cultural facility development campaigns in the community’s history was made possible through a public-private partnership. Public dollars support the renovation of Discovery Place and capital costs of the Bechtler Museum, Knight Theater, Gantt Center and Mint Museum.  The private campaign supports the facility operating costs for Discovery Place, projects located at the Levine Center for the Arts plus provides important funding to N.C. Dance Theatre and the Charlotte Symphony.

"We are thrilled to see the vision for the office and arts complex Wachovia initiated five years ago come to fruition," said David Carroll, EVP and head of Wealth, Brokerage and Retirement at Wells Fargo and co-chair of the Campaign for Cultural Facilities cabinet.  "The entire Charlotte community has demonstrated extraordinary generosity during an unsettled time, proving once again that we will rise to any challenge to further the quality of life in our great city.  We extend special thanks to the Levine family and to Duke Energy for stepping up to help us reach our goal for the Campaign for Cultural Facilities."

“The Levine’s have truly raised the bar for individual philanthropy in our community, and we are so grateful for their generous gift,” said ASC President Scott Provancher. “The additional gift from Duke Energy is incredibly inspiring.  We thank all of our public partners and our 240 private donors, especially Bank of America, Wachovia, a Wells Fargo Company, C.D. Spangler Foundation and the John S. and James L. Knight Foundation, for their support.” 

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Contacts:

*Kristin Hills-Bradberry, Private Endowment Director                                             
Arts & Science Council                                                           
704-335-3031                                                             
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* Kristin Hills-Bradberry is the contact until 4-25-10. Contact Krista Terrell beginning 4-26-10.

Krista Terrell, Vice President - Communications                  
Arts & Science Council           
704-335-3035                                     
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Tom Lawrence, Vice President
The Leon Levine Foundation
704-817-6502
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Tom Williams, Corporate Media Relations
Duke Energy
704-373-4743
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