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You can find the current article at its original source at http://www.guardian.co.uk/uk/scotland-blog/2013/jan/17/vanda-dundee-private-donors
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| Version 1 | Version 2 |
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| V&A at Dundee plans gets much-needed but modest private funding boost | V&A at Dundee plans gets much-needed but modest private funding boost |
| (25 days later) | |
| The delayed project in Dundee to build a new outpost for the V&A museum and a new centre for Scottish design has edged further forwards, with the first batch of private donations towards its £45m cost. | The delayed project in Dundee to build a new outpost for the V&A museum and a new centre for Scottish design has edged further forwards, with the first batch of private donations towards its £45m cost. |
| The scheme, based on a dramatic design by Japanese architect Kengo Kuma, was first unveiled in January 2010 and due to open in 2014; that date has now slipped by at least a year as the scheme's backers in Dundee struggled to raise money against the gravitational force of the worldwide recession. | The scheme, based on a dramatic design by Japanese architect Kengo Kuma, was first unveiled in January 2010 and due to open in 2014; that date has now slipped by at least a year as the scheme's backers in Dundee struggled to raise money against the gravitational force of the worldwide recession. |
| The V&A at Dundee scheme needs £15m from private donors; it announced today it has now raised £4m towards that target, from a number of sources. | The V&A at Dundee scheme needs £15m from private donors; it announced today it has now raised £4m towards that target, from a number of sources. |
| The announcement was timed to coincide with the first public display at Abertay university in Dundee of the redesigned building. Its director, Philip Long, has scrapped the far more ambitious and costly proposal to place it over the river Tay on hidden piles, and dragged the whole building back on land and scaled it back in size. | The announcement was timed to coincide with the first public display at Abertay university in Dundee of the redesigned building. Its director, Philip Long, has scrapped the far more ambitious and costly proposal to place it over the river Tay on hidden piles, and dragged the whole building back on land and scaled it back in size. |
| As Long told the Guardian in early January, the project needed to be realistic to succeed. With funding still uncertain, he refuses to put precise target dates on its completion. | As Long told the Guardian in early January, the project needed to be realistic to succeed. With funding still uncertain, he refuses to put precise target dates on its completion. |
| The consortium states the revision will produce an: | The consortium states the revision will produce an: |
| ...iconic building, created of two separate structures arching up to meet each other will be built within two pools of water, reinforcing the connection between the building and the River Tay. | ...iconic building, created of two separate structures arching up to meet each other will be built within two pools of water, reinforcing the connection between the building and the River Tay. |
| That group of smaller donors – with some requesting anonymity, five have been named: W S Philips Charitable Trust, Leng Charitable Trust, Misses Barrie Charitable Trust, Binks Trust, and Dunard Fund - suggests the V&A at Dundee is still struggling to find a blockbuster backer. | That group of smaller donors – with some requesting anonymity, five have been named: W S Philips Charitable Trust, Leng Charitable Trust, Misses Barrie Charitable Trust, Binks Trust, and Dunard Fund - suggests the V&A at Dundee is still struggling to find a blockbuster backer. |
| The continuing global recession, competing demands for funding are not working in Long's favour. Attracting these donors may build confidence amongst others, perhaps a major corporate donor or a large charitable foundation. | The continuing global recession, competing demands for funding are not working in Long's favour. Attracting these donors may build confidence amongst others, perhaps a major corporate donor or a large charitable foundation. |
| Sandy Richardson, the project's development director, signalled that was their hope: | Sandy Richardson, the project's development director, signalled that was their hope: |
| The private donations announced today mean the project is well on its way to achieving the £45million fundraising target. | The private donations announced today mean the project is well on its way to achieving the £45million fundraising target. |
| We are absolutely delighted to be able to make this announcement and are extremely grateful to those individuals and organisations who are supporting the project. It is a wonderful show of confidence in V&A at Dundee. | We are absolutely delighted to be able to make this announcement and are extremely grateful to those individuals and organisations who are supporting the project. It is a wonderful show of confidence in V&A at Dundee. |
| It now hopes to win a far more substantial funding boost from the Heritage Lottery Fund later this year: its bid for £9.2m from the fund won a "first phase pass" last year and Long is optimistic it will get that full sum. Other public sources, including European Union regional development funds, are in play too. | It now hopes to win a far more substantial funding boost from the Heritage Lottery Fund later this year: its bid for £9.2m from the fund won a "first phase pass" last year and Long is optimistic it will get that full sum. Other public sources, including European Union regional development funds, are in play too. |
| Even so, so far only the Scottish government has pledged the full £15m it needs to provide: the new private donors announcement still leaves Long with £11m to find from other benefactors, before he can finally commit to getting the V&A in Dundee built in 2015. | Even so, so far only the Scottish government has pledged the full £15m it needs to provide: the new private donors announcement still leaves Long with £11m to find from other benefactors, before he can finally commit to getting the V&A in Dundee built in 2015. |
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