indispensable contribution to museums
The financial support that museums receive from private individuals to purchase works of art is underexposed but indispensable. New acquisitions ensure that collections continue to evolve: just one good acquisition can revitalise a collection. In addition, a new acquisition means that important artworks remain visible to the Dutch public and are conserved for the future. It is thanks to the generous support of the participants of the BankGiro Lottery (the cultural lottery in the Netherlands) and funds such as those provided by the Vereniging Rembrandt, the VSBfonds, Friends foundations and public funding through the Mondriaan Fund that museums in the Netherlands can continue to purchase important works of art.
The kind of artwork that is eligible for museum acquisition is rare and precious. When the opportunity to purchase arises, it is essential to act quickly and effectively to avoid missing out on a unique opportunity. Together, the Kröller-Müller Museum, the Van Gogh Museum, the Rijksmuseum and Mauritshuis receive the substantial amount of around € 7.5 million for acquisitions annually, thanks to the BankGiro Lottery participants. The contribution the BankGiro Lottery makes to art is unique and vitally important. Not only does it provide a good basis for acquiring additional funds: due to its structural nature (and being able to earn interest on the balance), financing can be arranged quickly.