Mencoffs give $1 million for art-school scholarships
May 11th, 2016
Madison Dearborn Partners executive Sam Mencoff and his wife Ann, have donated $1 million to fund scholarships to the School of the Art Institute of Chicago. Mencoff is a trustee.
News of the donation came in a private letter from Walter Massey, the outgoing president of the art school on Michigan Avenues.
“The Mencoffs are committed advocates of historic preservation, and their support of this discipline at SAIC will have a transformative impact on our students. We are incredibly thankful to them for their generosity,” Massey said in the short note.
The Mencoffs’ gift will endow the Mencoff Family Fellowship in Historic Preservation, which will provide merit-based fellowships to students in the school’s Department of Historic Preservation.
The Mencoffs are interested in preservation beyond the art school. They have refurbished one the few homes that remain along Lake Shore Drive in Chicago.
I got a glimpse of it a few years ago at a party they co-hosted with their neighbor, auctioneer Leslie Hindman, for the president of the Musee d’Orsay and Musee de l’Orangerie in Paris, who was in town for a visit. Here’s the story about that.
The interior was exquisite without being over-the-top and the views incredible.