British Museum receives £25 million donation
Monday, September 13th, 2010The wealthy are being urged to follow the lead of Lord Sainsbury.
The philanthropic Tory peer has made a £25 million donation to the British Museum, in what could herald a new shift in funding.
The culture secretary, Jeremy Hunt, called on the rich of Britain to do more to fund the preservation of cultural institutions on Sunday, after the Lord Sainsbury pledge has outstripped government funding on its own. Hunt said that the government did not wish to rely on the generosity of private individuals to fill the funding gap in the culture budget, which has been shaved by 25 per cent, but added that he hoped more like Lord Sainsbury would come forward to help bankroll national institutions.
The donation, which was the largest in Britain since the National Gallery was given £50 million in 1995 by Sir Paul Getty, naturally delighted museum officials who have been anxiously awaiting on news for how to go about managing their own funding cuts.
The money from the donation will go towards a new Lord Rogers-designed £135m exhibition space and conservation centre, which will house temporary, blockbuster shows and play home to specialist conservation laboratories. Popular exhibits, including the soon to be released Book of the Dead show on Egyptian antiquity, are currently displayed in a temporary viewing area inside an old reading room. The government had initially promised to donate 22.5m for the new facility, with around 70 per cent of the funding target now met.
