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Pioneering investment fund brings social finance to the Arts and Museums

A fund that brings together public, private and charitable investment to support arts organisations has been recently launched. This is the first of its kind to focus on the social, artistic and financial return created by arts-based organisations.

The £7million Arts Impact Fund was created and funded by Bank of America Merrill Lynch, Esmée Fairbairn Foundation and Nesta, supported by Arts Council England and with additional funding from Calouste Gulbenkian Foundation. It was convened with the help of the Cabinet Office, to demonstrate the significant social value created by arts organisations and support their work through loan finance.

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