French Government Plan To Encourage Arts Sponsorship

The French government is putting together a plan to encourage arts sponsorship and the creation of foundations. The government released figures showing that “France has few private donors and a pitiful number of foundations (only about 1,000, compared with 2,000 in Germany, 3,000 in England and 12,000 in the USA).” France spent $1.3 billion in 2001, or 0.09 per cent of GDP, compared with $230 billion (£142 billion) on the other side of the Atlantic, i.e. more than 2% of GDP.