MEMBERSHIP
- What percentage of membership subscription goes directly toward grant giving?
- Why have you increased your subscription rates?
- Will senior citizens still be entitled to a 50% discount on the concessionary ticket rate at selected major museums as they have been previously?
BRANDING
GRANTS TO MUSEUMS
GRANTS/BOARD
- How doyou choose the Chairman?
- Does the Board have a clearly defined policy in relation to the giving of grants? If so, what is it? If not, why not?
- How are members of the Board chosen? Are there any special qualifications?
- Who appoints them?
FINANCE/IT
- Can my subscriptions and donations (including those from Patrons' Circle members) be given under the Gift Aid scheme?
- How does The Art Fund recognise the generosity of legators and donors?
- How do The Art Fund's administrative costs compare with other grant-giving charities?
MEMBERSHIP
What percentage of membership subscription goes directly toward
grant giving?
We keep our administrative costs as low as possible,
while maintaining our membership servicing standards. We spend 4-5% on admin
costs.
Why have you increased your subscription rates?
We do believe that Art Fund membership still represents excellent value for money. We have compared our subscription prices with a number of similar organisations and we remain at the more affordable end.
2006 MEMBERSHIP SUBSCRIPTION RATE COMPARISONS
| Single Adult | Joint Adult | Direct Debit reduction | >60 Concession | |||
|---|---|---|---|---|---|---|
| Single | Double | Single | Double | |||
| RA | £70 | £100 | £60 | £90 | none | none |
| V&A | £45 | £55 | £40 | £50 | £35**** | £45**** |
| TATE | £49 | £68 to £89 | £44 | £64 to £84 | none | none |
| RHS | £42*** | £84*** | none | none | none | none |
| National Trust | £40.50 | £68 | £30.38 | £51 | £28.50* | £47.50* |
| Art Fund | £40 | £50 | £37** | £47** | none | none |
| English Heritage | £38 | £65 | none | none | £26 | £42 |
* must also have more than 5 years membership and be retired to qualify for concession
** 1st year of membership only
*** Includes £5 one-off enrolement fee. (Year 2 rates will be £37 for Single and £79 Family rate (no Joint Adult rate offered))
**** This rate only applies if payment is made by direct debit. Otherwise the rate will be £40 (Single) and £50 (Joint) Rates in italics are for 2005
Will senior citizens still be entitled to a 50% discount on the
concessionary ticket rate at selected major museums?
Yes - members
over 60 get 50% off the concessions rate for exhibitions at:
- Museum in Docklands
- Museum in Docklands
- Museum of London
- National Galleries of Scotland
- National Maritime Museum
- National Museum in Docklands
- National Portrait Gallery
- Natural History Museum
- Tate Britain
- Tate Liverpool
- Tate Modern
- Tate St Ives
- V&A
Are you still called the National Art Collections
Fund?
Our legal name is still the National Art Collections Fund.
However, our trading name is The Art Fund.
What is the largest single amount you have ever given?
Our largest single grant to date was £2.25 million in 2007 towards
securing Dumfries House and its contents. These funds came from our
reserves.
In 2006 we gave £500,000 and raised another £564,000 through our public appeal for Turner's Blue Rigi.
In 1906 we purchased the 'Rokeby Venus' outright for £45,000, which is equivalent to at least £3.3 million today and in 1909 we purchased Holbein's Christina of Denmark, Duchess of Milan outright for £72,000, which is worth at least £5.2 million today (source: Office for National Statistics, 2004). Both paintings were presented to the National Gallery, London.
2007 saw The Art Fund achieve the highest spend in its history on grants for works of art - almost £6 million.
How much did you raise through the appeal to save the Macclesfield
Psalter?
The 'Save the Psalter' appeal raised £180,000 through 2,000
donations, ranging from £1 to £15,000. Donations were from Art Fund members,
supporters of the Fitzwilliam Museum and the general public in response to the
appeal that we launched on the BBC's Culture Show.
The campaign was kicked
off with a £500,000 grant from the Art Fund. Then £860,000 came from the
National Heritage Memorial Fund, £150,000 from the Fitzwilliam Museum and its
Friends and £180,000 from the public appeal, which enabled the £1.7 million
asking price to be reached with just two weeks to go.
We would like to thank
members for their generosity.
GRANTS/BOARD
How do you choose the Chairman?
The Chairman is elected
by the Board, following a search for candidates both within the existing Board
and outside.
Does the Board have a clearly defined policy in relation to the
giving of grants? If so, what is it? If not, why not?
The Board has
a clearly defined grant-giving policy, based upon agreed criteria.
How are members of the Board chosen? Are there any special
qualifications?
Members of the Board are chosen for their wide
experience and expertise in relevant fields but there are no special
qualifications. They are all volunteers and give generously of their time.
Who appoints them?
The Board in the first instance, on
the advice of the Nominations Committee. Any new Trustee appointed since the
previous AGM then comes up for election at the AGM following their
appointment.
FINANCE/IT
Can my subscriptions and donations (including those from Patrons'
Circle members) be given under the Gift Aid scheme?
Yes. The
Inland Revenue has allowed all ordinary members to give all of their
subscriptions and donations under the Gift Aid scheme. All members are being
asked to sign a Gift Aid declaration, if they have not already done so, when
they renew their membership. This declaration can be backdated 6 years from
signing. As a Patrons' Circle member, the Inland Revenue have agreed that
about 70% of your subscription may be given under the Gift Aid scheme - the
remaining 30% notionally reflects the value of the benefits you may receive as a
Patrons' Circle member and is therefore excluded from the scheme.
How does The Art Fund recognise the generosity of legators and
donors?
The Art Fund is very grateful for the generosity of all
legators and donors and we do our best to show our appreciation. However, most
legators and bequest donors prefer to remain anonymous in their lifetime and so
cannot be thanked publicly. We do however record their generosity in the
Review and highlight their contributions in Art Quarterly,
whenever we have sufficient information. We also try to involve those we know
are potential major legators and donors of bequests of works of art in our
Patrons' Circle events, and they are invited to our annual Reception.
How do The Art Fund's administrative costs compare with other
grant-giving charities?
The percentage of administration costs to
total expenditure (including grants) ranges from 1% to 11% and The Art Fund's
percentage was 5% in 2004. See table
| Goldsmiths Charitable Companies | 11% |
| The Moore Foundation | 7% |
| Cadbury Trust | 6% |
| Paul Hamlyn Foundation | 5% |
| THE ART FUND | 5% |
| Leatherseller's Company Trust | 3% |
| John Ellerman Foundation | 3% |
| Esmé Farbairn Foundation | 2% |
| Monument Trust | 1% |
Source: RCM/Allianz Global Investors Top 3000 charities 2005/06
Which museums and galleries are offering members 50% discount on exhibitions?
- Museum in Docklands~
- Museum of London~
- Natural History Museum
- National Galleries of Scotland
- National Gallery*
- National Maritime Museum
- National Museum and Gallery Cardiff
- National Museums of Scotland
- National Portrait Gallery
- Tate (Britain, Modern, Liverpool and St Ives)
- V&A
- Wallace Collection
- British Museum*
- Tate St Ives~
* The 50% discount applies to full price tickets only.
~ Provide free entrance to exhibitions
