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John C. Whitehead to Discuss the Economic Impact of Cultural Institutions
at the Hudson River Museum

May 2, 2006

YONKERS , NY . April 25, 2006 — On May 2, John C. Whitehead, Chairman of the Lower Manhattan Development Corporation, will speak at the Hudson River Museum, 511 Warburton Avenue, Yonkers.

In his talk, “The Importance of Cultural Institutions in Economic Development,” at 12 noon, Mr. Whitehead will discuss the economic advantages of nurturing cultural institutions and examine how the Lower Manhattan Development Corporation’s leadership fostering similar organizations holds a blueprint for Yonkers and the Hudson River Museum.

John Whitehead has an extensive background in finance and a long relationship with nonprofits. In the 1970s and early 80s, he oversaw Goldman Sachs during the great rise of investment banking, and as co-chair pioneered the globalization of international finance. President Ronald Reagan appointed Mr. Whitehead deputy secretary of state in 1985 and he became the architect of successful efforts to wean Eastern European countries from the Soviet Union. Most recently, New York Governor George Pataki appointed Mr. Whitehead chairman of the Lower Manhattan Development Corporation, charged with the task of rebuilding the area.

Drawing from the challenges he has experienced at the Lower Manhattan Development Corporation, as well as his services to nonprofits that include the Harvard Board of Overseers, Mellon Foundation, and the National Gallery of Art, Mr. Whitehead will address issues he believes nonprofits should prepare for as they expand and modernize. The Hudson River Museum , the largest and oldest museum in Westchester County , recently began renovations to create a new lobby and expanded visitor amenities, to increase access for all museum constituents. This project is part of a long-range master plan that the museum has been organizing with its architect, Archimuse, and coordinating with the City of Yonkers .

To attend the talk, call 914.963.4550, x218.

The Hudson River Museum is located at 511 Warburton Avenue, Yonkers NY. minutes from the Saw Mill River Parkway, exit 9, north or southbound.
Information and directions: 914.963.4550 and
Museum admission: Adults $5; Seniors 62 & older and children 5-16  $3. Fridays 5 to 8 pm to galleries and the planetarium free




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