Following our recent story about the agreement between the Country Music Hall of Fame and Museum and the Trustees of the Estate of the late Robert W. McLean concerning the ownership of instruments such as Bill Monroe’s mandolin and Maybelle Carter’s guitar, the HOF has started a $1.1 million fundraising campaign so that they can retain the instruments.
The museum has already raised $300,000 for the Precious Jewel Fund from the Academy of Country Music in Los Angeles and $150,000 from RPM Management in Nashville, where former museum board member Scott Siman is president. However, the museum still wants to raise $650,000.
The full story about the campaign, including suggestions for fund-raising from Ricky Skaggs, can be found at The Tennessean website.
According to a report in Country Standard Time, under the terms of the agreement, the museum is required to pay the $750,000 settlement by February 22.