Arts & Business
Encyclopedia
Arts & Business is a charitable organisation whose role is to develop partnerships between the cultural and private sectors in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

. Their aim is to increase investment for the arts from businesses and individuals, while encouraging the exchange of business and creative skills in both sectors. They go about this mission through programming in philanthropy, research, sponsorship, training & consultancy.

History

Founded in 1976 originally and under the name Association for Business Sponsorship of the Arts (ABSA) , Arts & Business was based on a model developed in New York by David Rockefeller
David Rockefeller
David Rockefeller, Sr. is the current patriarch of the Rockefeller family. He is the youngest and only surviving child of John D. Rockefeller, Jr. and Abby Aldrich Rockefeller, and the only surviving grandchild of oil tycoon John D. Rockefeller, founder of Standard Oil. His five siblings were...

. The first organisation of its kind in the UK, ABSA pioneered business sponsorship of the arts in the UK.

Philanthropy

The Prince of Wales Medal for Arts Philanthropy was created in 2008 to honour leading philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...

s who have made an outstanding contribution to cultural organisations in the UK. Five individuals or couples are honoured each year for the impact of their financial donations, leadership and support has had on a regional or national level. The honourees are presented their medal by HRH The Prince of Wales at a ceremony at his private residence in November. Previous honourees include Lord and Lady Sainsbury
Sainsbury family
The Sainsbury family founded Sainsbury's, the UK's third largest supermarket chain...

 and Dame Vivien Louise Clore Duffield, DBE
Vivien Duffield
Dame Vivien Duffield, DBE , is an English philanthropist.-Career:The daughter of millionaire businessman Sir Charles Clore and his wife, Lady Francine, Vivien Louise Duffield was educated at the Lycée Français, Heathfield School and Lady Margaret Hall, Oxford University where she read languages...



The Big Arts Give is a challenge fund scheme to help arts organisations develop income from individual giving. This scheme, devised with The Reed Foundation
Reed (Company)
REED is an employment agency. The company was founded in 1960 by Sir Alec Reed CBE, FCMA, FCIM, FCIPD and is currently chaired by his son, James Reed MA, MBA, FCIPD. REED also offers training and HR consultancy services. The company’s website, reed.co.uk, was established in 1995 and doubles as a...

 and The Big Give
The Big Give
theBigGive.org.uk is a non-profit, charitable website which enables donors to find and support charity projects in their field of interest. All UK registered charities can sign up for free and the site currently showcases the projects of nearly 8,000 charities.-History:The Big Give was founded in...

 aims to raise £3 million donated to the arts by Christmas 2010.

Cultural Champions is a programme designed to promote personal philanthropy in the cultural sector. It acknowledges individuals who have made a voluntary contribution to the arts in England.
The Arts & Business Awards

The annual Arts & Business Awards showcase partnerships and sponsorships between businesses and arts organisations in the UK. Categories include cultural branding, people development, community and young people, sustained partnerships and business innovation as well as awards for individuals who sit on arts boards or act as arts fundraisers.

Research

Private Investment in Culture Survey or PICS is the largest single project they undertake and has been conducted in one form or another for 30 years. It is the world’s most comprehensive survey of investment trends from businesses, individuals and Trusts & Foundations. The findings tend to generate news coverage from the national press such as The Telegraph to trade press such as Arts Industry

Some of their other work includes research produced by James Gilmore and Joseph Pine
B. Joseph Pine II
B. Joseph Pine is an American author.-Bibliography:*Mass Customization: The New Frontier in Business Competition, 1992*Do You Want to Keep Your Customers Forever?, B...

on branding and the arts. This research was published under the title Beyond Experience.

Digital technologies are also currently being researched by Arts & Business with a focus on experimentation in digital marketing, new business models, fundraising and income generation.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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