Jeremy Hunt welcomes J.P. Morgan’s £600k commitment to the arts
Firm announces new philanthropic partnership with three leading UK institutions.
Investment Bank J.P. Morgan has announced a £600,000 investment as part of a collaboration with the National Portrait Gallery, National Theatre and Southbank Centre. The J.P. Morgan Signature Series is a new one-year programme, which aims to support the ongoing work of these three leading UK arts institutions while also creating an extensive programme of activities for the firm’s clients and guests.
“JP Morgan has done a huge amount to support the arts and remains a beacon for corporate philanthropy in the UK,” said Culture Secretary Jeremy Hunt. “The J.P. Morgan Signature Series provides a substantial injection of cash into some of our leading arts organisations and is a shining example of what can be achieved when business and the arts come together.”
The firm’s financial commitment for the UK arts sector in 2011 will total more than £1 million, which will mainly be focused on using collaboration to explore efficient and impactful ways of working. Recently confirmed grants include support for Plus Tate and support for the production of Babel, the centrepiece theatrical event of World Stages London.