|THE GUGGENHEIM UK CHARITABLE TRUST
The Guggenheim UK Charitable Trust is a charitable foundation based in the UK which supports the work of the Solomon R. Guggenheim Foundation, especially of the Foundation’s Venice branch, the Peggy Guggenheim Collection.
The mission of the Solomon R. Guggenheim Foundation is to promote the understanding and appreciation of art, architecture, and other manifestations of modern and contemporary visual culture; to collect, preserve and research art objects; and to make them accessible to scholars and an increasingly diverse audience through its network of museums, programs, educational initiatives, and publications. This mission is carried out by the Guggenheim museums in a number of ways:
- By exhibiting its collections of 20th and 21st century painting, sculpture and photography
- By organizing exhibitions on specific artists and themes which promote the study and interpretation of the arts
- By publishing scholarly catalogues
- By operating intern programmes, bringing art, art history and museology students annually from all over the world to learn and work in the museum environment
- By facilitating access of schoolchildren and other students, with guided visits, workshops, teacher-training, as well as discounts for admission
- By collecting and conserving works of art through gift, extended loan or purchase
- By stimulating wide participation in the museums’ programs through membership
The Guggenheim UK Charitable Trust exists to encourage contributions from UK taxpayers to support the work of the Guggenheim museums.
Since its formation in 2001 the Trust has raised a growing annual revenue through private and public donations:
- 2001: £23,026
- 2002: £38,497
- 2003: £40,674
- 2004: £86,080
- 2005: £118,910
- 2006: £87,392
- 2007: £87,618
- 2008: £81,469
- 2009: £49,948
- 2010: £101,568
- 2011: £123,655
- 2012: £90,664
- 2013: £56,825
- 2014: £62,049
- 2015: £128,614
- 2016: £115.548
The Trust seeks to raise a growing sum each year to spend on projects of educational and cultural importance to the UK within the Peggy Guggenheim Collection in Venice and through the wider Guggenheim Foundation. In 2002-3, for example, the Trust helped to mount the exhibition Thinking Big: Concepts for British Sculpture in the 21st Century. In 2006-8 the Trust contributed to the capital costs for improvements to the public spaces and support areas of Palazzo Venier dei Leoni, home of the Peggy Guggenheim Collection in Venice. And again in 2010-12 , the Trust contributed to the renewal of the landscaping of the Peggy Guggenheim Collection gardens (the Nasher and Schulhof Sculpture Gardens) based on a project by Nelson, Byrd, Woltz of New York.
The Trust aims to raise funds each year in excess of its disbursements to the Guggenheim Foundation, in order to build a capital reserve from which to provide stable funding for the UK participants in the Intern programme and contribute to other capital projects of the Foundation - especially those that advance the Peggy Guggenheim Collection in Venice.
Tax incentives for donations by UK tax payers
The Inland Revenue (ILR) has made charitable giving much easier in the past few years through its popular Gift Aid Scheme; this allows the Trust to receive from the ILR the equivalent of the tax paid on that income by the donor.
From 2004 under an extension of the scheme UK taxpayers can gift the entire rebate paid by the ILR on their donations direct to the Trust by quoting the following code on their Tax Returns: DAJ32CG.