MLB donates $10 million to Baseball Hall of Fame endowment

All 30 teams contributed to the Hall of Fame's effort to raise money toward its goal of $30 million. The Hall has now raised $22 million.

Posted: Nov 8, 2017 1:58 PM

(September 8, 2017)

COOPERSTOWN, N.Y. (AP) - Major League Baseball has donated $10 million to the Baseball Hall of Fame's endowment.

All 30 teams contributed to the Hall of Fame's effort to raise money toward its goal of $30 million. The Hall has now raised $22 million.

Since it opened in 1939, the Hall of Fame has operated on a break-even basis without a significant endowment. It now has 40,000 artifacts, including bats, balls, gloves, uniforms, trophies, 135,000 baseball cards, 14,000 hours of recorded media, 250,000 historic photos and 3 million pieces in its library.

The goal is to make sure the collection is preserved for the future. The endowment also will help the Hall develop more world-class exhibits, take advantage of technology to increase access to its collections and extend the reach of its education programs.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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