#20th-century-art-acquisitions

#20th-century-art-acquisitions

London's National Gallery is to build a major new extension, featuring nearly as much space as the present Sainsbury Wing. The project will cost around £400m, of which £375m has already been quietly raised behind the scenes-an astonishing achievement. The pledges revealed today include two donations of £150m each. Gabriele Finaldi, the gallery director, told The Art Newspaper that these both represent "the largest-ever known cash donations to any cultural institution, not just in Britain, but globally".