Magazine article Financial History

Museum Founder Honored with IFFM Lifetime Achievement Award

Magazine article Financial History

Museum Founder Honored with IFFM Lifetime Achievement Award

Article excerpt

We kicked off 2016 with our annual gala on January 12, which was record-setting in many ways. More than 430 Museum supporters attended as we honored Chuck Schwab with our new Financial Innovation Award and Robert Rubin with the Whitehead Award (see article, page 6). This year's gala was special for another reason as well, as our Board Chair Dick Sylla and Advisory Board Chair Bill Donaldson presented our founder, John Herzog, with a Lifetime Achievement Award from the International Federation of Finance Museums (IFFM). John received a standing ovation for his pioneering work in the field of finance museums, which now exist in more than 15 countries around the world. When John founded our Museum several decades ago, it was the first of its kind.

The IFFM met in Beijing in October, and our Vice Chair, Andrea de Cholnoky, represented our Museum. The Chinese were phenomenal hosts, and they have clearly appreciated the concept that John introduced. They currently have more than two dozen finance museums in their country alone! Andrea was able to visit several of these museums as part of an incredible multi-day series of festivities. In addition to accepting John's award on his behalf, Andrea was also able to accept an award I received as a founder of the IFFM. We are all looking forward to next year's conference in Mexico City.

Alexander Hamilton continues to enjoy a huge resurgence thanks to the incredibly successful Broadway musical. The creator of the show, Lin-Manuel Miranda, filmed part of a PBS documentary about the show at our Museum, which is scheduled to air this fall. …

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