You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Peabody Essex vaults into top tier by raising $550m

Both gallery space and endowment will be expanded

In 2016, visitors to the Peabody Essex Museum will see new galleries, a new restaurant and roof garden, and more. But out of sight will be something museum leaders say is even more essential: the firm financial footing of a much richer endowment.

Located in downtown Salem, the Peabody Essex has announced a record-breaking fund-raising campaign and an expansion plan that will make it one of the largest and most well-endowed art museums in Massachusetts.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week