MY RICH UNCLE IN MANHATTAN

British cultural institutions are increasingly looking to donors in the US for funding. “London’s Royal Academy was the first to break ground in the US in 1983. Since then they have received close to $32 million in donations. The Tate has followed, formally opening an office in Manhattan last September. The fact that their parent bodies are 3,000 miles away seems no impediment to raising millions of dollars in record time.” – The Art Newspaper