Trustees 2011_Layout 1 - Victoria and Albert Museum

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p8SupportThe Friends of the V&A were ableto increase their support thisyear, giving £301,304 as grants in2010/11 and designating a further£291,795. As always, the Friendsof the V&A have prioritisedsupport for acquisitions,scholarships, research and theV&A public programme.During 2010/11, the Friends ofthe V&A agreed grants towardsExhibitions and Capital Projects£150,000 in support of Postmodernism(designated funds)£10,000 in support of Ai Weiwei exhibitionInstallations£100,000 Up to £100,000 to fund Magic Lantern byMat Collishaw, a new commission for the V&A’s crowncupola and John Madejski garden (designated funds)Scholarships and research£21,000 Funding for a student undertaking theV&A / RCA MA in the History of Design of £21,000Ongoing support for a curatorial exchange betweenthe V&A and the Metropolitan Museum in New YorkOngoing support for a student scholarship atthe Attingham Summer School(www.attinghamtrust.org)ResidenciesTop: Ai Weiwei, Han Dynasty Urn with Coca Cola logo, 1994. Private Collection USACentre: Mat Collishaw, Magic Lantern, 2010 © Mat CollishawBottom: Mat Collishaw, Magic Lantern, 2010 © V&A Images£20,494 Photography residency in theSackler Centre for arts education – fully funded,with a grant of £20,494the FRIENDS OF THE V&A REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2011
p9£30,000Sakuhin by YagiKazuo – £30,000towards the total£27,946A very rare gem-setOttoman jadetankard – £27,946towards the totalAcquisitions£154,160 Total allocated to acquisitions.Further sums of money were designated towardsfuture acquisitions, for details, see note 14 to theaccounts, on page 37. Pieces acquired by the V&Aare available for the benefit of the general public,either on open display or through the V&A’sarchive facility at Blythe House.£3,100Odette fruit bowland Isotta bowl byBořek Šípek – fullyfunded, with agrant of £3,100£25,103Concrete Stereoby Ron Arad –fully funded, witha grant of £25,103£10,000Pieces from COLLECT - £10,000 forthe Museum to make their choice ofacquisitions from the fair£43,038Totem by EttoreSottsass – fullyfunded, with agrant of £43,038£3,816Swan Lake costumeworn by RudolfNureyev – fullyfunded, with agrant of £3,816£11,157Pratt Chair by Gaetano Pesce –fully funded, with a grant of £11,157the FRIENDS OF THE V&A REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2011
Page 1 and 2: the FRIENDS OF THE V&A(A Company Li
Page 3 and 4: p1the FRIENDS OF THEV&A REFERENCE A
Page 5 and 6: p3From Left:Orla Kiely discussed he
Page 7 and 8: p5The object of the Friends of the
Page 9: p7ACHIEVEMENTSANDPERFORMANCEthe FRI
Page 13 and 14: p11William Powell Frith, Charles Di
Page 15 and 16: Metropolitan Museum exchange progra
Page 17 and 18: p15STRUCTURE,GOVERNANCE ANDMANAGEME
Page 19 and 20: p17Our currenttrustees areMarina Va
Page 21 and 22: p19Vivek Nanda Dr Vivek Nanda is a
Page 23 and 24: p21FINANCIALREVIEWthe FRIENDS OF TH
Page 25 and 26: p23PLANS FORTHE FUTUREthe FRIENDS O
Page 27 and 28: p25TRUSTEES’RESPONSIBILITIESthe F
Page 29 and 30: p27INDEPENDENTAUDITORS’ REPORTTO
Page 31 and 32: p29Opinion on financial statementsI
Page 33 and 34: p312011 2010THE FRIENDSOF THE V&ABA
Page 35 and 36: p332011 2010£ £2. Investment Inco
Page 37 and 38: p359. Fixed Assets £CostAt 1 April
Page 39: p3714. Movement in Funds At At1 Apr

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