ledge ▁ch unks ▁of ▁their ▁private ▁collections , ▁worth ▁up ▁to ▁$ 6 ▁million , ▁" to ▁create ▁a ▁museum ▁of ▁standing ▁and ▁re put e ." ▁ ▁The ▁following ▁year , ▁the ▁fled g ling ▁Museum ▁of ▁Contempor ary ▁Art ▁was ▁operating ▁out ▁of ▁an ▁office ▁on ▁Bo yd ▁Street . ▁The ▁city ' s ▁most ▁prominent ▁phil anth rop ists ▁and ▁collect ors ▁had ▁been ▁assemble d ▁into ▁a ▁Board ▁of ▁Trust ees ▁in ▁ 1 9 8 0 , ▁and ▁set ▁a ▁goal ▁of ▁raising ▁$ 1 0 ▁million ▁in ▁their ▁first ▁year ; ▁an ▁artists ▁advis ory ▁council ▁was ▁involved ▁early ▁on . ▁A ▁working ▁staff ▁was ▁brought ▁together ; ▁Richard ▁K osh ale k ▁was ▁appointed ▁chief ▁cur ator ; ▁relationships ▁were ▁made ▁with ▁artists ▁and ▁gall eries ; ▁and ▁negoti ations ▁were ▁begun ▁to ▁secure ▁art work ▁and ▁an ▁exhibition ▁space . ▁Following ▁We is man ' s ▁initi ative , ▁$ 1 - mill ion ▁contributions ▁from ▁Eli ▁Broad , ▁Max ▁Pale v sky , ▁and ▁Atlantic ▁Rich field ▁Co . ▁helped ▁se cur ing ▁the ▁construction ▁of ▁the ▁new ▁museum ; ▁Broad ▁became ▁MO CA ' s ▁found ing ▁chairman ; ▁Pale v sky ▁cha ired ▁the ▁architect ural ▁search ▁committee . ▁ ▁Many ▁of ▁MO CA ' s ▁initial ▁don ors ▁were ▁young ▁and ▁supporting ▁the ▁arts ▁for ▁the ▁first ▁time ; ▁a ▁substantial ▁number ▁joined ▁up ▁at ▁the ▁$ 1 0 , 0 0 0 ▁" found er " ▁minimum . ▁ ▁Collection