Cultural Gifts PROGRAM VALUATION

Donation of artwork to cultural institutions under the Australian Government’s Cultural Gifts Program has become a widely accepted and welcomed form of art philanthropy in this country. 

  • Benefits to donors are numerous and include;
    • tax incentives in the form of deductions
    • capital gains tax exemptions
    • assisting to build and enhance our nation's public collections.
  • Since its establishment in 1978, over $608 million worth of items have been donated through the Cultural Gifts Program.  These include;
    • visual and decorative arts,
    • Indigenous arts,
    • cultural artefacts,
    • social history,
    • scientific collections and
    • archival material. 
  •  BCFA will outline the steps you need to take towards donation of artwork, and advise on the valuation process.

 

BCFA CGP Valuations

  • Brenda Colahan has conducted many hundreds of Cultural Gifts Program valuations for leading Australian State and Regional galleries, museums, and institutions. 
  • BCFA has been engaged by collectors, philanthropists, gallerists and renowned artists to undertake independent valuations for gifting under the government’s CGP. 
  • BCFA has also undertaken valuation through the Australian Valuation Office for gifting under the Philanthropy Program.

 

BCFA Institutional clients include:

National Gallery of Australia

Australian National University Art Gallery

Art Gallery of NSW

Bond University

Canberra Regional Gallery Casula Powerhouse
Cowra Regional Gallery Deakin University Gallery
Gold Coast City Gallery Grafton Regional Gallery           
Hamilton Regional Gallery University of Technology, Sydney (UTS)
La Trobe University Lismore Regional Gallery
Manly Regional Art Gallery Museum of Contemporary Art, Sydney (MCA)
Melbourne Jewish Museum Moree Plains Gallery
Muswellbrook Regional Arts Centre New England Regional NERUM
Powerhouse Museum Sydney Queensland Art Gallery
Sydney Jewish Museum National Library, Canberra
University of Western Sydney Gallery Western Plains Cultural Centre, Dubbo
National Portrait Gallery, Canberra St Vincent’s Private Hospital