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Tate Chair Considers Selling Naming Rights to Turbine Hall to Fund New Endowment
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Tate Chair Considers Selling Naming Rights to Turbine Hall to Fund New Endowment
Tate’s chair of trustees is reportedly open to relinquishing naming rights to the Turbine Hall for a minimum of £50 million (roughly $68 million) to fund the London institution’s new endowment fund. In an interview with the Telegraph, Roland Rudd, chair of the institution’s board of trustees, floated the potential sale as a mean to help the newly launched Tate Future Fund meet its goal of £150 million by 2030. Rudd also suggested that naming o…
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