Philanthropy 'will take decades' to aid UK arts

Almost half of U.K. cultural organizations believe it will take 10 to 20 years for philanthropy in the arts to benefit the industry at the desired level, according to new research published by Arts Quarter.

In December, culture secretary Jeremy Hunt announced plans to promote philanthropy to give the arts a boost in financial support. But only 11.5 percent of organizations see the “agenda being realised and effective within the lifetime of this current parliament."