Heiress Bequeaths $150 Million In Art
A department store heiress has left 32 works of art worth $150 million to the Metropolitan Museum of Art and the Museum of Modern Art, The New York Times reported today.
Florene May Schoenborn, who died in August 1995 at the age of 92, was a trustee of the Museum of Modern Art and a longtime friend of William S. Lieberman, chairman of the Metropolitan’s 20th century art department, the Times reported.
Born in Denver, Schoenborn was the daughter of David May Sr., founder of the May Department Stores.
The works include paintings and sculptures by masters like Picasso, Brancusi, Bonnard and Braque, the newspaper said. The Metropolitan will receive 18 paintings and sculptures and the Museum of Modern Art will receive 14.