Lauder

The museum also announced Wednesday that it is establishing a new research center for modern art supported by a $22 million endowment funded by grants from trustees and supporters, including Lauder.

Cosmetics company heir and art collector Leonard Lauder is donating his $1 billion Cubist art collection to New York City's famed Metropolitan Museum of Art.

Mr. Lauder says he trusts that visitors to the exhibit will leave the Whitney thinking, this is great art, in a great museum, in a great city.