Donor offers $5M to help protect Detroit art

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DETROIT (AP) — A philanthropist says he’s willing to donate$5 million to help protect the Detroit
Institute of Arts’ collectionamid the city’s bankruptcy.A. Paul Schaap tells the Detroit Free Press (http://on.freep.com/1d0IiRr ) he hopes to inspire
others to give and plans to meet Friday withDetroit’s chief federal judge, Gerald Rosen, who is leading
mediationsessions.Schaap says he has to believe that "there are more of usout there who want to do
something" but didn’t know how. A resident ofGrosse Pointe Park, Schaap made millions as a
biotechnologyentrepreneur.Detroit’s state-appointed emergency manager, KevynOrr said Tuesday he doesn’t know
if the city will try to sell art orcome up with another way to raise money off art, which he said
cannotsolve the city’s pension problems.___Information from: Detroit Free Press, http://www.freep.comCopyright 2013 The Associated Press.
All rightsreserved. This material may not be published, broadcast, rewritten orredistributed.DETROIT (AP) —
A philanthropist says he’s willing to donate$5 million to help protect the Detroit Institute of Arts’
collectionamid the city’s bankruptcy.A. Paul Schaap tells the Detroit Free Press (http://on.freep.com/1d0IiRr ) he hopes to inspire
others to give and plans to meet Friday withDetroit’s chief federal judge, Gerald Rosen, who is leading
mediationsessions.Schaap says he has to believe that "there are more of usout there who want to do
something" but didn’t know how. A resident ofGrosse Pointe Park, Schaap made millions as a
biotechnologyentrepreneur.Detroit’s state-appointed emergency manager, KevynOrr said Tuesday he doesn’t know
if the city will try to sell art orcome up with another way to raise money off art, which he said
cannotsolve the city’s pension problems.___Information from: Detroit Free Press, http://www.freep.comCopyright 2013 The Associated Press.
All rightsreserved. This material may not be published, broadcast, rewritten orredistributed.

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