Overview

• The Future Fund seeks to build a £150 million endowment by 2030 to sustain Tate’s exhibition programmes and research initiatives.
• Donors including Tate Trustees, foundations and individuals have contributed £43 million since the fund’s launch.
• A June 25 gala at Tate Modern’s Turbine Hall generated over £1 million and featured performances by the Pet Shop Boys and Gwendoline Christie.
• Tate trustees approved deficit budgets in consecutive post-pandemic years, and the fund is intended to secure income without ending free entry to core displays.
• Campaign organisers have entered active fundraising mode, offering £50 million naming rights for the Turbine Hall and engaging a global supporter network.