Tuesday, 21. March 2013, 9:05 am
Press Release: New Zealand Government
Minister for Arts, Culture and Heritage, Christopher
Finlayson has welcomed Boosted, the Arts Foundation’s new philanthropic
crowd-funding platform, saying it will encourage greater private sector giving
to strengthen the arts sector.
“Boosted is a great example of the innovative thinking
by Arts sector participants to allow the public to become more involved in
supporting the arts,” Mr Finlayson said. “The Arts Foundation is to be
congratulated on its determination to generate new streams of incomes for the
arts.”
Boosted is similar to other crowd-funding websites,
but is dedicated to promoting arts projects exclusively.
“Significantly, because recipient projects will be
funded through the Arts Foundation, donors will be eligible for the
government’s tax rebates to encourage charitable giving,” Mr Finlayson said.
Previous research on the levels of giving and
sponsorship for the cultural sector revealed that on average government
contributed 80% of funding, and private individuals only 3%.
“It is important that we encourage increased private
sector giving in addition to, not instead of, existing levels of public support
for the arts and cultural organisations,” he said.
