Hackett Retires From CMOM to Devote Effort to Grand Carousel Fundraising – Tennessee News

Hackett Retires From CMOM to Devote Effort to Grand Carousel Fundraising –  Tennessee News


VOL. 132 | NO. 100 | Friday, May 19, 2017

Former Memphis Mayor Richard C. Hackett is retiring as CEO of the Children’s Museum of Memphis in June to devote his attention to fundraising for the institution he helped create 30 years ago. Hackett became leader of the museum in 2006.

“I’ll shift my emphasis to, on my own, raising money for the Carousel building,” Hackett told The Daily News. “It’s two businesses and there’s no way one person could do both.”

“Five days a week is plenty for me right now,” he added. “I’m a strong, strong believer philosophically of being on the other side of the counter with the customer and I want to see what the customer sees.”

The immediate goal is to raise the $4 million to $5 million balance to pay for the construction of the building that will house the restored Grand Carousel as well as a banquet hall, founders hall, education space and round pavilion. The museum has already raised the $1.2 million to have the carousel itself restored.

The museum has a bit of a head start on the rest with a $500,000 challenge grant from the Assisi Foundation that requires the raising of an additional $2 million. Hackett said that part of the effort should be done by the end of the year at about the time the Grand Carousel debuts.

“A lot of people say, ‘You are building and you don’t have your money raised,’” Hackett said, talking about the difference between contributors seeing a rendering and being able to walk through a building as it is taking shape.

“There’s a feel to that,” he said. “I think the round part of the building…

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