Over the past year we have added works of art valued at £68.4m to the Collection. Of this figure, £63.1m has been donated by individuals either directly or in lieu of tax. Donated works of art include works bequeathed to Tate by Simon Sainsbury and works donated by artists including Damien Hirst and Louise Bourgeois. Funding for purchased works of art has come from many sources including the Heritage Lottery Fund, The Art Fund, Tate Members, Tate Patrons and self-generated income. We have invested a total of £8.4m in our buildings, including essential major repairs, and in design and planning work for further developments at Tate Modern, the National Art Collections Centre and Tate Britain.
