At a press conference on 17 September 2009, on the publication of its Annual Report 2008/9 and presentation of its future programme, Tate announced it had a record year for acquisitions to the Tate Collection. It also announced an increased focus on working with regional and international partners with a record number of loans to other organisations.
Transforming Tate Modern. Exterior view from the south 2009
© Hayes Davidson and Herzog & de Meuronlard
The total value of works acquired for the Collection in 2008/9 was £96.7 million, thanks to the generosity of artists and collectors, gifts and bequests worth in excess of £64 million.
Nicholas Serota, Director Tate, commented:
“It is remarkable that, despite the current economic climate, the spirit of philanthropy remains undiminished. Tate has been extremely fortunate to benefit from many exceptional gifts over the past year. We must make sure that our current visitors and future generations gain from the richness of the legacy that this generosity provides.”
Read the full release on the Tate website
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