LOS ANGELES, CALIFORNIA.- The Los Angeles County Museum of Art announced that the AnnenbergFoundation gave the museum $10 million to establish a special endowment fund to supportexhibitions, art acquisitions and educational programs at the museum’s director, Andrea L. Rich.On the other hand, there is also bad news. The fund-raising for the museum’s new building designedby architect Rem Koolhaas is stalled by the economy. Last month there was a $250-million bond measure at the general election that failed to pass. Thebond was to give $98 million to LACMA, if the museum raised $112.5 million on its own. Andrea L.Rich said: "We are looking deeply at the feasibility of pressing forward on the building at thistime because of the economic conditions." The fund-raising will still continue, but there will bean emphasis to programs and endowment. Rich added: "Building the endowment has always been part ofour campaign because it’s the future of this institution. I had an opportunity to direct this giftand this is what I chose. This is like gold. It gives us new flexibility and allows us to actquickly to take advantage of opportunities we would otherwise miss."