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Arts organisations must work hard to attract and maintain philanthropic support, argues Michael Kaiser.

Liz Forgan, the former chair of the Arts Council of England, gave an interesting interview to Rupert Christiansen in The Daily Telegraph in which she criticized the wealthy of her country for not supporting the arts. While there are a few families who have been extraordinarily generous, she argues, too many of the newly wealthy are not helping support British arts institutions.

In particular she pointed to the "hedge fund boys" whose great wealth, she believes, should be shared.

She compared them, unfavorably, to Russian oligarchs who have been supporting arts ventures in their homeland (and abroad I might add). She wonders if they are uncultured or simply uncharitable.

I find her comments well-intentioned but a bit naive.

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