As set out in the Charities Act 2011, Tate has full charitable status in the UK. Raising funds through sponsorship, donations and legacies support Tate to fulfil its mission deliver a wider range of educational and artistic programmes across the UK.
Neither Inheritance Tax nor Capital Gains Tax are charged on gifts to Tate. Tate is able to receive Gift Aid in relation to any gifts or donations offered.
While not directly regulated by the Charity Commission, exempt charities like Tate can ask the Charity Commission to use some powers the Commission has over all charities.