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Editor's letter
The New Philanthropists

The majority of visitor attractions rely in part on donations to meet the cost of investment, so wooing benefactors and donors is part of the process. As more tech millionaires are made, will attractions which focus on tech-related topics find it easier to fundraise?

By Liz Terry | Published in Attractions Management 2014 issue 2


The leisure and attractions industries have always caught the eye of the rich and famous. It’s no coincidence that musicians and film stars invest in restaurants, build hotels and buy ski resorts and Caribbean islands or that philanthropists have sunk parts of their fortunes into building some of the world’s most incredible museums and galleries as legacies.

As times change, people acquire their wealth by different means and their passions – to an extent – define the kinds of attractions which get built. This is particularly the case in the US, where huge wealth resides with a small elite – The One Percent. The Victorians explored, hunted, researched and catalogued the world as never before, so philanthropic collections from this era are heavy on the taxidermy. They were great art lovers, so we have galleries filled with amazing paintings and portraits.

In this issue, we look at the new philanthropists – the people influencing the direction in which the industry develops by their choice of funding and their passions. The first – the newly opened Bezos Centre for Innovation at the Museum of History and Industry in Seattle, Washington State, US – is featured on see page 30.

The attraction, part-funded by Amazon’s Jeff Bezos and his wife MacKenzie, includes content which shares and celebrates Seattle’s entrepreneurial achievements: the city is home to a significant number of successful corporations, from Boeing to Microsoft – and Amazon of course.

Money from tech is driving many developments and skewing the attractions sector towards technology, with Google one of the most prominent donors. On page 48 we look at MoMath – the Museum of Mathematics in New York City, which had a US$2m donation from the internet giant.

Each year, through its charitable arm, Google Giving, the company donates US$100m (E72.4m, £59.6m) in grants, as well as 50,000 hours support and $1bn (E724m, £596m) in product to good causes, making it a significant force in third sector funding and attractions are in the front line to benefit.

These days, in addition to philanthropy, there’s a broader than ever range of routes by which attractions come into existence, from crowd funding sources like Kickstarter to corporatelands and everything in between. Fittingly – in this age of the cult of personality – we even have attractions which focus on a celebrity: football star Christiano Ronaldo has opened a museum dedicated to himself on his home island of Madeira, Portugal as a gift to fans, for example.

But tech is hot and the emerging tech elite have shown intent to do good with their money, so donations from this source will continue to have an impact. When you consider that the Facebook flotation alone created 1,000 dollar millionaires, it’s clear the money’s there, meaning we’re likely to see more tech-related attractions receiving funding as the new philanthropists hit their stride.

COMPANY PROFILES
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
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Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
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David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
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Editor's letter
The New Philanthropists

The majority of visitor attractions rely in part on donations to meet the cost of investment, so wooing benefactors and donors is part of the process. As more tech millionaires are made, will attractions which focus on tech-related topics find it easier to fundraise?

By Liz Terry | Published in Attractions Management 2014 issue 2


The leisure and attractions industries have always caught the eye of the rich and famous. It’s no coincidence that musicians and film stars invest in restaurants, build hotels and buy ski resorts and Caribbean islands or that philanthropists have sunk parts of their fortunes into building some of the world’s most incredible museums and galleries as legacies.

As times change, people acquire their wealth by different means and their passions – to an extent – define the kinds of attractions which get built. This is particularly the case in the US, where huge wealth resides with a small elite – The One Percent. The Victorians explored, hunted, researched and catalogued the world as never before, so philanthropic collections from this era are heavy on the taxidermy. They were great art lovers, so we have galleries filled with amazing paintings and portraits.

In this issue, we look at the new philanthropists – the people influencing the direction in which the industry develops by their choice of funding and their passions. The first – the newly opened Bezos Centre for Innovation at the Museum of History and Industry in Seattle, Washington State, US – is featured on see page 30.

The attraction, part-funded by Amazon’s Jeff Bezos and his wife MacKenzie, includes content which shares and celebrates Seattle’s entrepreneurial achievements: the city is home to a significant number of successful corporations, from Boeing to Microsoft – and Amazon of course.

Money from tech is driving many developments and skewing the attractions sector towards technology, with Google one of the most prominent donors. On page 48 we look at MoMath – the Museum of Mathematics in New York City, which had a US$2m donation from the internet giant.

Each year, through its charitable arm, Google Giving, the company donates US$100m (E72.4m, £59.6m) in grants, as well as 50,000 hours support and $1bn (E724m, £596m) in product to good causes, making it a significant force in third sector funding and attractions are in the front line to benefit.

These days, in addition to philanthropy, there’s a broader than ever range of routes by which attractions come into existence, from crowd funding sources like Kickstarter to corporatelands and everything in between. Fittingly – in this age of the cult of personality – we even have attractions which focus on a celebrity: football star Christiano Ronaldo has opened a museum dedicated to himself on his home island of Madeira, Portugal as a gift to fans, for example.

But tech is hot and the emerging tech elite have shown intent to do good with their money, so donations from this source will continue to have an impact. When you consider that the Facebook flotation alone created 1,000 dollar millionaires, it’s clear the money’s there, meaning we’re likely to see more tech-related attractions receiving funding as the new philanthropists hit their stride.

LATEST NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
Populous reveals plans for major e-sports arena in Saudi Arabia
Populous have unveiled their plans for a state-of-the-art e-sports arena, designed to stand as a central landmark in Qiddaya City’s gaming and e-sports district, Saudi Arabia.
Raby Castle reveals ambitious plans to become a major visitor destination
Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project.
Wake The Tiger launches new 1,000sq m expansion
Wake the Tiger, the Bristol-based immersive art experience, is set to open its 1,000sq m expansion on Friday 2 February.
Merlin teams up with Hasbro and Lego to create Peppa Pig experiences
Merlin Entertainments, the LEGO Group and Hasbro have teamed up to create Peppa Pig experiences.
Tate Modern and Frame collaborate on a mind/body experience
London boutique operator, Frame, has teamed up with the Tate Modern to offer two yin and sound yoga classes, following by a tour of the art gallery.
Elvis Presley Live is rolling out globally
Immersive entertainment specialists, Layered Reality, is creating a tribute to Elvis Presley featuring a concert experience with a life-sized digital Elvis.
Carmel Lewis takes top spot at BRC
Carmel Lewis has been appointed president at global experiential planning and design firm, BRC Imagination Arts, heralding a new era for the company.
Perth Museum to launch at Easter with rare Jacobite objects
Opening over Easter weekend in March 2024 after a £26.5m redevelopment project, Perth Museum will tell the story of Perth – Scotland’s first capital.
+ More news   
 
COMPANY PROFILES
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


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©Cybertrek 2024

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