Monday, May 14, 2007

FT.com / World - Arts bodies look to US in search of funding

FT.com / World - Arts bodies look to US in search of funding: "Arts bodies look to US in search of funding

By Andrew Clark,Chief Music Critic

Published: May 14 2007 03:00 | Last updated: May 14 2007 03:00

It looked so easy. Tate Modern waltzed into New York, hosted a dinner attended by some of the most iconic figures in North American art and came away with $1.5m (£750,000). The rest of the British arts world looked on with envy.

Last week's dinner was without doubt the biggest and most high-profile fundraising event ever held outside the UK on behalf of a British arts organisation. It brought together not just leading American artists such as Jeff Koons and Ellsworth Kelly, but the Mexican businessman Carlos Slim Helu, reputedly the world's second richest man, as well as Calvin Klein from the world of fashion and Lady Lynn Forester of the Rothschild dynasty."

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