SYDNEY.- The Art Gallery of New South Wales announced it has reached, and surpassed, its $100 million Capital Campaign target to support construction of a new building designed by Pritzker Prize-winning architects, SANAA, as part of the Gallery’s expansion, the Sydney Modern Project.

Together with the NSW Government’s $244 million in funding, the $103.5 million raised from donors represents the largest public-private partnership of its kind to be successfully achieved in the Australian arts. The Gallery will continue to seek philanthropic support for its transformation including enhancements and modifications to the existing building, as well as launching an art acquisitions campaign next year.

The new building will provide much-needed capacity – close to double current exhibition space – to display more of the Gallery’s outstanding art collection, which belongs to the people of NSW, and host more of the best exhibitions from around the world, increasing visitation to an estimated two million people annually, including 200,000 students and teachers.

Announcing the significant fundraising milestone, Art Gallery of NSW director Dr Michael Brand said, “The Gallery set an ambitious target for an ambitious project with art at its heart. The response to the campaign from donors has been so positive that we have surpassed our $100 million goal. This is an extraordinary public endorsement of our vision, and we are incredibly grateful to all our donors for partnering with the Gallery and the NSW Government to help bring this expansion and transformation to life.

“I would particularly like to thank our trustees for their generous support of the Sydney Modern Project, and Gallery Board president David Gonski and Campaign Committee chair, Mark Nelson, for their inspired leadership of the campaign,” Dr Brand added.

President of the Art Gallery of NSW Board of Trustees, David Gonski AC said, “These donations are a wonderful investment in an institution that so successfully connects artists and audiences. This project will deliver enormous cultural, educational and economic benefits for generations to come and we thank the NSW Government for their significant support.”

“It has been a great privilege to be associated with this project,” Capital Campaign committee chair Mark Nelson said. “I was inspired by the passion shown by the committee, the trustees, and the generous community who have come together to support the expansion of the State’s pre-eminent public art museum.”

The NSW Minister for the Arts, the Hon. Don Harwin said, “In NSW we are so fortunate to have passionate people in our community who not only have a genuine love for the arts but are also extraordinarily generous.

“When we open the doors to the expanded Gallery it will be in large part thanks to the generosity of these people who care so much about this remarkable NSW institution,” Minister Harwin said.

The Gallery is grateful to all donors to the Campaign, and would like to recognise the following leadership donors and major supporters:

• Isaac Wakil AO and the late Susan Wakil AO, whose $20 million gift in June 2017 was the largest monetary donation in the Gallery’s history. The Susan & Isaac Wakil Foundation has since made an additional gift of $4 million to the campaign.

• The Ainsworth family and Aqualand, who have made gifts of $10 million or more.

• The Lowy family, The Neilson Foundation, Mark and Louise Nelson, and Gretel Packer who have made gifts of $5 million.

• Guido Belgiorno-Nettis AM and Michelle Belgiorno-Nettis, The Medich Foundation, Nelson Meers Foundation, and Dr Gene Sherman AM and Brian Sherman AM who have made gifts of more than $1 million.

• The campaign’s Founding donors, including Building Founders and Yiribana Founders, who have each made gifts of $1 million.

The campaign announcement follows this week’s approval of the Gallery’s State Significant Development Application for the Sydney Modern Project by the NSW Minister for Planning. Construction of the Gallery’s new building is expected to commence in early 2019 for completion in 2021.

Highlights of the expanded Gallery will include a prominent destination for Aboriginal and Torres Strait Islander art; a large gallery for major exhibitions; a spectacular contemporary art space repurposed from a decommissioned WWII oil tank, and spaces for educational programming to double student and teacher visits to 200,000 annually.

Visitors to the Gallery, Domain and adjacent Royal Botanic Garden will enjoy a public Art Garden connecting the new stand-alone building and the much-loved historic building. The building’s design maximises and enhances open space as well as public amenity across the site and is the first art museum in the nation to achieve the highest environmental standard with a 6-star Green Star design rating.