Greenham Trust has granted £20k of match funding to Watermill Theatre to help “secure the future work” of the former Arts Council England (ACE) National Portfolio Organisation.
The support is being offered via a fundraising alliance established by Greenham Trust to support the Newbury venue following its 100% ACE funding cut announced in November 2022.
The alliance, which also includes The Headley Trust, the Bernard Sunley Foundation and Englefield Charitable Trust, has provided £78k of funding to the 200-seat theatre, pledged to match public donations to Watermill’s PROPEL campaign.
“As soon as we heard about the funding cut by [ACE], we realised there would be a need to engage a number of local funders...in helping The Watermill," said Chris Boulton, CEO of Greenham Trust.
"This was quickly put together working with their team, and I hope our £20k contribution so far will generate another matched-funding boost for their already successful PROPEL Campaign.”
Claire Murray, Executive Director at Watermill Theatre, added: “By establishing the funding alliance, Greenham Trust has gone further in securing the future work of The Watermill."