18 heritage organisations have secured a total of £27.5m of the £55m Catalyst Endowment Fund, a joint initiative between the Department for Culture, Media and Sport (DCMS), Arts Council England (ACE) and the Heritage Lottery Fund (HLF).
Designed to bring new money into the cultural sector, the programme offers match-funding to help arts and heritage organisations secure their financial stability by building a new endowment fund or developing an existing one.
The 18 successful heritage organisations will use the grants of between £500,000 and £5m to attract a further £53.5m from private philanthropic sources, on a sliding ratio of 1:1 to 3:1.
Culture Secretary Jeremy Hunt and the Chair of the Catalyst judging panel Michael Portillo announced the full list of Catalyst Endowment awards recipients at a ceremony held at the Victoria and Albert Museum on 20 June.
They are: Strawberry Hill Trust (£500,000); Windermere Steam Boat Museum (£500,000); Arnos Vale Cemetery Trust (£500,000); Lincoln Cathedral (£1,000,000); Greenwich Foundation for the Old Royal Naval College (£1,000,000); St Martin’s in the Fields (£1,000,000); National Portrait Gallery (£1,000,000); Mary Rose Trust (£1,000,000); Pallant House Gallery (£1,000,000); The Holburne Museum of Art (£1,000,000); Bowes Museum (£1,000,000); Sir John Soane’s Museum (£2,000,000); Dulwich Picture Gallery (£2,000,000); The British Library (£2,000,000); Victoria and Albert Museum (£5,000,000); National Museum of the Royal Navy (HMS Victory) (£5,000,000); Linen Hall Library, Northern Ireland (£1,000,000); The Abbotsford Trust, Scotland (£1,000,000).
The Heritage Lottery Fund will run a second round of Catalyst Endowments in the autumn, with awards to be announced in spring 2013.
For details of how to apply see: LINK
