Here we suggest supplementary reading that informs the current issues around philanthropy and arts funding.

DCMS Action Plan to Boost Philanthropy
The 10-point plan proposes ways to boost philanthropy in the arts. Also read Jeremy Hunt’s speech given at the launch of the Action Plan.

 Government Giving Green Paper
The Government’s Giving Green Paper has kickstarted the debate around how to catalyse a culture shift that makes social action a norm, wrapping five key tenets it believes could bring this about in the acronym 'GIVES'. The paper highlights greater opportunities for people to give ‘with the grain’ of their lives, better information about giving, making giving more visible, recognising the exchange and reciprocity giving and supporting organisations in taking a role in Big Society.

Endowment in the Arts, Arts Council England
This report was commissioned by the Secretary of State for Culture, Olympics, Media and Sport to look at the use of endowments in the arts. A similar report about the use of endowments in the museums and galleries sector has also been published by Neil MacGregor, Director of the British Museum. The Arts Council's report contextualises the use of endowments in the wider landscape of philanthropy and fundraising on the one hand, and an organisation's capital structure on the other. The report makes a number of recommendations to help organisations to fundraise better, this includes suggesting the introduction of an iconic match-funding scheme to dramatically boost general fundraising in arts organisations of all sizes including those major urban conurbations. The report also makes a number of recommendations to support organisations in building fundraising capacity in the arts.

Capital Matters, 2011, Mission Models Money
Mission Models Money (MMM) new report on the role of capital (in its forms of economic capital, social capital, cultural capital et al.) for arts organisations. The report argues that a new forward-looking, national, long-term policy and support framework is needed to help build the financial resilience of the UK’s not for profit arts and cultural sector, especially those of medium sized organisations. Over the next few months MMM proposes to engage a range of stakeholders in discussions to catalyse the necessary actions.

The Art of Dying 2005, John Knell
This piece originates from the insights generated by the first Mission Models Money conference that took place on June 28th, 2004. The provacative paper informs the final Capital Matters report.

It lent support to three important propositions about the arts sector in the UK:

• That the portfolio of arts organisations in the UK has become too fixed
• That there are too many undercapitalised arts organisations, operating at near breaking point organisationally and financially, whose main preoccupation is survival diverting their energies from the central mission of cultural creativity
• That there is a need to provoke a more challenging public conversation about the infrastructure supporting the arts in the UK, and the strategy and modus operandi of arts organisation

Knell noted that perhaps more arts organisations need to learn the ‘art of dying’. Or at the very least we need to challenge more directly the mindset common across the sector that it is a wrong, and indeed a cultural crime, to let an arts organisation die.

The original aspiration of this paper was to make that case. In researching and writing it however, the argument and focus of the paper has changed. The narrative focuses more on the ‘art of living’, and suggests that the relative stability of funded arts organisations in the UK symptomatic of more profound and fundamental problems

The Art of Living, 2007, John Knell
A follow up to The Art of Dying, this provocation is a return to unfinished business – with a focus this time on how the arts and cultural funding ecology might be transformed to ensure that cultural organisations begin to live a little better.

Cultural Giving, Theresa Lloyd
Cultural Giving is the first guide in the UK to focus on individual giving for the arts and heritage and is aimed as much at trustees and chief executives as the fundraising staff of cultural organisations, although many of the issues and solutions could be applied to charities across all sectors. Using a case study format to illustrate how the techniques described have worked for a range of different organisations, the book gives plenty of realistic models to follow. There are also vivid examples of how not to do it and specialist advice on a number of topics, including board development, data protection, research, tax and wealth screening.

Why Rich People Give, Theresa Lloyd
Why Rich People Give is the result of the first major research into the attitudes of wealthy people in the UK to money – how they create it, keep it and spend it. The book provides an in-depth analysis of the motivations of the rich to support the charitable sector – or not – by giving money, time and expertise. It covers attitudes to faith, family and community, early experiences of giving and motivations, incentives and rewards. It examines relationships with recipient charities, how people give and feelings about wealth and responsibility.