Tate Modern Receives £10 Million Donation

July 4th, 2013

Israeli Shipping mogul Eyal Ofer has made a £10 million donation to the Tate Modern, bringing the museum within reach of its £215 million fundraising drive to fund a major expansion program. “I am delighted that the Eyal Ofer Family Foundation has chosen to make such a major contribution towards Tate Modern’s future.” Says Sir Nicholas Serota, the Tate’s current director. “It is exciting to see such outstanding philanthropy continuing from one generation to the next. The generosity of Eyal Ofer and his family will help to make Tate Modern a truly 21st-century museum.” 

Read more at The Guardian