National Gallery seeking £375m to Buy Modern Art & Create Endowment Fund

December 10 2025

Picture: artnews.com

Posted by Adam Busiakiewicz:

Following on from news that The National Gallery in London has raised £375m for the building of a new extension, more news has emerged that it will be seeking an additional £375m (yet to be raised) which will be 'earmarked for post-1900 acquisitions and to create an endowment fund to cover the operating expenses for the new wing.' The total cost of Project Domani is expected to be around the equivalent of $1bn.