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Arts Investment Forum

 
Arts Quarter/Legacy Foresight
 
Topic(s): arts philanthropy 
 
Keywords:  Capacity building, arts, legacies, UK
 
Summary:

A new survey provides evidence of opportunities for significant growth and the fundamental need for capacity building to increase income from legacies. The survey by Arts Quarter/Legacy Foresight shows only 41% of arts organisations in the UK have received gifts in wills in the past three years and that legacy income has a long way to go if it is to meet the expectations of the Coalition Government. The survey reveals that even among those who have received a legacy in the past three years, the numbers of donations received are generally low, with 77% of respondents receiving fewer than 10 bequests over three years, and more than half (51%) receiving less than £25,000 a year from this source over the period.

 
Author / Published by: Arts Quarter
 
Year of publication: 2011
 
 
 
 
 
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