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Anonymous donor gives over $5 million to effort to save West Newton Cinema (www.wbur.org)

submitted 6 months ago by borebore to c/boston

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[–] hendu 4 points 6 months ago* (last edited 6 months ago)

The goal is to raise $14m, for purchase, renovations, and operations. The article says that $2m of the $5m is going to be used in a campaign for matching donations. It's a common tactic to get more people to donate. Even though they already have that money, they aren't adding it to their total until more people chip in. If it works, it will get them up over $7m.