Tate Modern's £10 Million Eyal Ofer Galleries Renaming Marks Major Expansion Funding
A £10 million donation from the Eyal Ofer Family Foundation will result in Tate Modern renaming its Level 3 East exhibition spaces as the Eyal Ofer Galleries. This contribution brings total fundraising to 85% of the £215 million needed for the museum's expansion, which will increase its size by 60% upon completion in 2016. Construction is currently progressing, including installation of a new bridge across the Turbine Hall to connect existing Level 4 galleries with the new building. The gift recognizes international shipping magnate Eyal Ofer's philanthropic support for the institution's development project.
Key facts
- Eyal Ofer Family Foundation donated £10 million to Tate Modern
- Tate Modern will rename Level 3 East exhibition galleries as Eyal Ofer Galleries
- Tate Modern's expansion will increase museum size by 60%
- Expansion project completion target is 2016
- Donation brings total raised to 85% of £215 million capital costs
- Construction includes new bridge across Turbine Hall
- Bridge will connect existing Level 4 galleries to new building
- Eyal Ofer is an international shipping magnate
Entities
Institutions
- Eyal Ofer Family Foundation
- Tate Modern
Locations
- London
- United Kingdom