$200 million fund to match cultural donations launched

'Ms Josephine Tan, Director of Development, Intercultural Theatre Institute (ITI), said: "Donors now have a new and substantive incentive to increase their support for the arts. The Cultural Matching Fund will help plug a critical gap as there are few funders for direct operational costs. For arts institutions like the ITI, this means we can accelerate plans to develop new programmes and establish an endowment. It will be interesting to see if the matching will also attract new philanthropists for arts and culture. That would be great!"'

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