Move over philanthrocapitalists, the new ‘austerity philanthropists’ are here | New Philanthropy Capital's Blog

Move over philanthrocapitalists, the new ‘austerity philanthropists’ are here | New Philanthropy Capital's Blog: "Back in his first ministerial speech in May, the culture secretary Jeremy Hunt emphasised the important role of private donors in supporting the arts. And with arts institutions facing predicted cuts of up to 40% following the spending review, it seems that donors have sat up and taken notice."