IU President Michael A. McRobbie welcomes guests to the event announcing the $15 million gift to the IU Art Museum.Indiana University Art Museum announced a landmark gift of $15 million from Indianapolis-based philanthropists Sidney and Lois Eskenazi. This is the largest cash gift in the museum's history and a lead gift toward renovation of its I.M. Pei-designed building, which opened in 1982. In recognition of the couple's generosity, the museum has been renamed the Sidney and Lois Eskenazi Museum of Art.Indianapolis-based philanthropists Sidney and Lois Eskenazi announce their gift of $15 million to the IU Art Museum on the IU Bloomington campus. The Eskenazis also announced that they are donating their collection of nearly 100 works of art, composed primarily of prints by 20th-century European and American masters.IU President Michael A. McRobbie and IU Bloomington Provost Lauren Robel listen as the Eskenazis speak.IU President Michael A. McRobbie (left), helps David A. Brenneman, the museum's Wilma E. Kelley Director, and Sidney and Lois Eskenazi remove the red curtain that was covering the museum's new sign.IU President Michael A. McRobbie (left), IU Bloomington Provost Lauren Robel, Sidney and Lois Eskenazi, and David A. Brenneman, the art museum's Wilma E. Kelley Director, pose for a photo next to the new Sidney and Lois Eskenazi Museum of Art sign.