Complex sentence: A proposal for a new downtown arts campus got a funding boost on June 26,2013, with a $20 million challenge grant from the Muriel McBrien Kauffman Foundation, but an additional $70 mil. needs to be raised.
Split into simpler sentences: A proposal for a new downtown arts campus got a funding boost on June 26,2013, with a $20 mil. pledge from the Muriel McBrien Kauffman Foundation. But an additional $70 mil. needs to be raised.