Art Fund aims to substantially increase its giving by 2020 7 Jun 2018

Against a background where money is in shorter supply from some other major funders of culture, The Art Fund’s annual report shows significant growth in its charitable giving, with a core aim of helping museums to build collections. In 2017, 94 organisations shared £5.5m and used it to buy 200 objects and works of art. The Art Fund also launched the £750k Weston Loan programme, as well as continuing to run the £100k Museum of the Year competition. The fund hopes to grow its giving to £10m by 2020, through expanding its National Arts Pass scheme as well as increased donations from business, individuals and trusts. The Art Fund