Dundonians put in up to £15m of V&A Dundee’s overall bill

Dundonians raised £15m of the overall bill for the V&A Dundee, it has been revealed.

A third of V&A Dundee’s operating costs come from visitor income. (Pic: Andrew Cawley)
Barry Ferguson

Barry Ferguson, the Director of Philanthropy and Partnerships at V&A Dundee,  spoke exclusively to The Scots Magazine about the £80m museum that has transformed Dundee’s Waterfront since opening last month.

He said: “The building has cost just over £80m. Significant sums have come from public funders including the Scottish Government, Dundee City Council, the Heritage Lottery Fund, the UK Government and Creative Scotland.

“The private fundraising target was £15m, which we are delighted to say had been reached in advance of opening.

“This is a record for a capital campaign for a cultural institution in Scotland. We are particularly pleased that the most of this has come from individuals, businesses and trusts in the Dundee area. We have also received support from throughout Scotland, the UK and internationally.

“All of our donors have recognised what we are trying to achieve – that this is not just about V&A Dundee and creating an excellent cultural institution, but about the regeneration of the city and improving the lives of those who live and work here.”

The wide-ranging Q&A interview also responds to queries about the level of support given from the V&A in London and explains that fundraising for the attraction will have to continue even now it has opened.

This article originally appeared on The Scots Magazine website. For a nine-page feature on the best of Dundee pick up The Scots Magazine October issue – out now!

Raising The V&A Dundee’s £80 Million