UK Arts Funding Innovation

January 27, 2011 at 9:40 PM Leave a comment

As philanthropic efforts concentrated more on addressing poverty and social issues during the economic downturn, funding for the arts fell.

The Guardian (UK) culture blog asks if “a ‘popular movement’ to support arts projects with online donations be the next step for cultural philanthropy?”

Today a new website, wedidthis.org.uk, opens for business. It’s an intriguing idea: it hopes to support specific arts projects via donations, of any size, given online. If the project reaches its target funding, the donors will be given a small reward…If the campaign doesn’t reach its target, the donors will be refunded.

Interesting idea, especially the money back guarantee if the necessary funds are raised.

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Entry filed under: Innovation.

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