We define philanthropy as the giving of resources in an engaged and strategic way for maximum impact and in a tax efficient manner. It can include the giving of money, assets, time, talent, voice and one’s social capital. We believe in the power of philanthropy as a great social connector and the source of many great opportunities.

City Philanthropy

A Wealth of Opportunity

Philanthropy prize launches for first-time corporate givers to arts and culture

Jun 12th 2017

A new prize for corporates supporting cultural philanthropy for the first time has been announced by the Achates Philanthropy Foundation.

It is an extension of the foundation’s Individual Philanthropy Prize, which was launched in 2016 to celebrate first-time supporters of the arts which was won by Nigel Farnall and Angelica Puscasu for their donations totalling £3,000 to the Theatre Royal Stratford East.  It won a further £5,000 contribution as a result that will go towards workshops for teenagers that build confidence through drama.

The Achates Philanthropy Prize, the only award that marks first-time cultural giving, was created to celebrate a new generation of philanthropists.

Cultural organisations across all art forms are invited to nominate an individual or trust in the individual category, or a company in the corporate category, that has given to the arts for the first time in the past year.

The winners will receive a sculpture by British artist Peter Brooke-Ball, which will be theirs for a year, and their nominating cultural organisation will receive a £5,000 donation.Judges on the panels for the prizes include Nigel Farnall, Caroline McCormick, Director of Achates Philanthropy, the fundraising consultancy that is home to the foundation and journalist Razia Iqbal.

McCormick said: “We are delighted to invite cultural organisations from across the UK to consider entering the 2017 Achates Philanthropy Prize.

“The prize is a celebration of the many forms philanthropy takes today and an invitation to join our campaign to raise awareness of cultural organisations as charities that need support.

“We are particularly keen to hear the stories behind first-time gifts of all sizes and types that challenge the idea that arts philanthropy is the preserve of the few.”

Entries will close on September 10 and the winners will be announced at a ceremony at London’s Old Vic Theatre in November.

More information on how to enter a nomination can be found here

 

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