Italy Collected 62 mn euros Through Culture Donations

Italy Collected 62 mn euros Through Culture Donations

Art Bonus has been launched in 2014 (photo: italy24 - Il Sole 24)

An Italian government scheme offering tax breaks on art-related donations has encouraged sponsors to gift more than 62 million euros to heritage projects, the Arcus culture association announced. The so-called "Art Bonus" scheme allows for a 65% deduction on eligible donations.
   
About 5 million euros have been donated through the scheme since the start of 2016. In 2015, 57 million euros was received from more than 1400 sponsors, 388 institutions and 250 municipalities registered on the "Art Bonus" portal. The scheme has so far helped fund 500 cultural sector projects and 400 initiatives are in the works. Lombardy in the richer north of Italy is the most generous region, having donated 22 million euros. It is followed by Veneto, Emilia Romagna, Tuscany and Lazio.
 

Receive More Stories Like This In Your Inbox

SPONSORED

Recommended

From the Romans to Murano: the colorful world of murina glass as you have never seen it

The purity and beauty of Venetian glass is known worldwide: a precious and ancient tradition that speaks of quality, beauty, elegance and creativity...

Carretti Siciliani: the young faces of an ancient tradition

I think that speaking with an artist is always, always an honor. And for this reason, I was truly delighted and — I must admit — quite excited, by...

Lina Wertmüller: an Oscar to an original portrait of Italianness

“I am grateful to have received this award, which I didn’t expect, and that, for this reason, is even more welcome and makes me all the happier. For...
Scenic Anacapri streets at early sunset

A Day at the beach – Italian style

Temperatures are on the rise…and so is the urge to grab the flip-flops and head for the nearest beach. Summer practically insists we enjoy at least...

Great success for the 2019 Italian National Day

On June 3rd 2019 the Italian community of LA celebrated the historic day, back in 1946, when a pivotal referendum decided the fate of Italy about...

Weekly in Italian

Recent Issues