National Gallery’s £375m windfall sharpens rivalry over modern art amid UK philanthropy gap
Two £150m gifts from Michael Moritz and the Julia and Hans Rausing Trust, plus £75m from the National Gallery Trust, will fund Project Domani and expand the museum’s modern art ambitions, prompting debate over competition with the Tate.

The National Gallery has unveiled two record-breaking £150 million donations from tech financier Michael Moritz and the Julia and Hans Rausing Trust, together with a further £75 million from the National Gallery Trust, to fund Project Domani, a revamp of the building behind the Sainsbury Wing, the gallery said. The combined £375 million package is intended to broaden the museum’s holdings and programmes, including an expanded focus on 20th-century art.
The funding was disclosed as Britain’s art institutions face scrutiny over whether increased private giving will intensify competition between the National Gallery and the Tate, potentially shifting acquisition strategies and curatorial priorities. The National Gallery said the money will support the redevelopment of the east-west building behind the Sainsbury Wing and underpin the institution’s ambitions to strengthen its modern and post‑20th‑century displays.
The donations and the gallery’s aims were highlighted in a Sept. 14, 2025 column by Alex Brummer, who argued that the new gifts mark a notable turn in the relationship between Britain’s major national museums. Brummer noted that the UK has fewer mega-donors than the United States — where he said institutions such as the Museum of Modern Art, the Guggenheim and the Getty benefit from large endowments and billionaire patrons — and that the influx of substantial private funds heightens the risk of institutions encroaching on each other’s historic remits.
For decades, Brummer recalled, a tacit "non‑compete" understanding between former Tate director Sir Nicholas Serota and former National Gallery director Sir Neil MacGregor meant each institution concentrated on different eras of art. The Tate focused increasingly on post‑20th‑century and contemporary work, while the National Gallery emphasised historical sequences tracing developments across centuries. Brummer wrote that altering that division now could provoke a costly contest for modern works at a time when market prices and private collecting are rising.
The column said the U.S. concentration of wealth has helped drive up prices at auction and in private sales, placing British museums at a disadvantage when seeking major 20th‑century pieces. Brummer cited peak auction prices for artists such as Mark Rothko as evidence of how high valuations have become, and argued that market dynamics favour well‑endowed institutions and private collectors who can outbid publicly supported museums.
Brummer also flagged the provenance of the Moritz donation, noting the Sequoia Capital founder’s ownership of a substantial collection of British modern art that includes works by Lucian Freud, Francis Bacon and Frank Auerbach. Such holdings, Brummer said, could inform the gallery’s acquisition strategy and raise questions about the line between thematic, public‑facing collection building and the addition of donor‑associated works.
The National Gallery has said Project Domani will increase display space and create facilities for research, conservation and education. The institution presented the funding as an opportunity to bring more post‑war and modern works into public view and to build programmes that broaden audience access to modern art.
The debate highlights broader differences in philanthropic culture between the UK and the U.S. Brummer pointed to the scale of American art philanthropy and the growing roster of billionaire donors, saying the U.S. count of billionaires — cited in his column at 902 — underpins a more aggressive acquisition environment. He invoked the ability of U.S. museums and private collectors to shape markets and set prices in ways that leave smaller, less‑resourced institutions struggling to compete.
Curators and arts administrators have historically balanced the role of private gifts with the public mission of national museums, negotiating loans, gifts and acquisitions to support exhibitions intended for broad audiences. Proponents of greater private support argue that substantial donations can enable museums to upgrade facilities, conserve collections and realise long‑planned projects. Critics caution that reliance on large private gifts can steer institutional priorities toward areas that reflect donor interests rather than curated public programmes.
The National Gallery’s announcement arrives amid a renewed focus on how public museums should navigate relationships with wealthy donors and the commercial market. Auction houses and private dealers have expanded their influence on valuations, while some national institutions have sought partnerships and gifts to bolster their capacities without sacrificing curatorial independence.
Officials at the Tate and the National Gallery did not immediately provide comment beyond the gallery’s statement on the Project Domani funding. The National Gallery Trust’s £75 million contribution was presented by the gallery as part of a mixed funding package designed to deliver new public galleries, learning spaces and conservation facilities.
As Project Domani moves from planning to delivery, museum leaders, donors and policymakers will weigh how to balance competitive collecting with the public remit of national institutions. Brummer’s column argued that preserving a cooperative division of curatorial focus between Britain’s major galleries would serve the public interest by avoiding duplicative bidding in a global market increasingly dominated by wealthy private buyers.

The debate over the National Gallery’s new funding underscores an ongoing conversation in the arts and cultural sectors about the role of philanthropy, market forces and national museums in providing public access to key works. With Project Domani funded and plans underway, the National Gallery will proceed with redevelopment while the broader sector assesses the implications for collecting strategies and institutional cooperation.