£1bn Gift to British Museum Approved
The Charity Commission has given its formal permission for the most valuable object donation in British museum history to go ahead.
In November 2024, the Trustees of the Sir Percival David Foundation announced they were to make a permanent donation of their collection of Chinese ceramics to the British Museum.
The collection numbers around 1,700 pieces estimated at around £1bn.
The gift was subject to regulatory authority from the Commission, which has the power to authorise payments or transfers of assets from charities where this is not explicitly allowed for in the charity’s governing document.
The Commission has now provided written authority under the Charities Act to change the Foundation’s governing document to enable the permanent transfer of the collection.
In such cases, the relevant trustees need to think about how best to further the charity’s purpose before making the gift.
In this case, the Sir Percival David Foundation was keen to fulfil its founder’s determination to use his collection to inform and inspire people, by keeping it on public view and enabling academic study of the pieces, while managing the charity’s resources effectively by transferring the costs of maintaining the collection.
Sir Percival David (1892-1964) was a British businessman who collected ceramics in Europe, Japan, Hong Kong and China. Sir Percival’s collection has been on loan to the British Museum since 2009 in the specially designed bilingual Room 95, where it has been studied and enjoyed by millions of visitors.
Head of Regulatory Authority at the Charity Commission, Christine Barker, said:
We are pleased to have given authority for this remarkable transfer to go ahead. The Foundation’s trustees are clear that ensuring the safe and accessible display of their founder’s collection is fully aligned with their charitable objects.
Our team are dedicated to considering such applications carefully, balancing the need to reflect changing circumstances against the importance of ensuring trustees safeguard their assets to pursue their charitable aims.
Director of the British Museum, Dr Nicholas Cullinan said:
I am humbled by the generosity of the Trustees of the Sir Percival David Foundation in permanently entrusting their incomparable private collection to the British Museum and thank the Charity Commission for their support in now approving the transfer.
These celebrated objects add a special dimension to our own collection and together offer scholars, researchers and visitors around the world the incredible opportunity to study and enjoy the very best examples of Chinese craftsmanship anywhere in existence.
Chair of The Sir Percival David Foundation of Chinese Art and The Sir Percival David Foundation Academic and Research Fund Colin Sheaf FSA said:
Sir Percival was motivated by three principal concerns. These were to preserve the whole collection together for posterity, to display it publicly and safely in its entirety, and to ensure that his superb porcelain should not only be admired by connoisseurs for its beauty but should also educate the widest possible audience about China’s historic culture which he greatly admired.
With the valued support of the Charity Commission, the Foundation Trustees have taken this major decision because they believe that this transfer entirely meets the philanthropic intentions and long-term wishes of the Founder almost a century ago.
Highlights from the Sir Percival David collection include the ‘David vases’ from 1351. Their discovery revolutionised the dating for blue and white ceramics.
The collection also includes a “Chicken cup” used to serve wine for the Chenghua emperor (1465-87) and Ru wares made for the Northern Song dynasty court around 1086.
In the past year the Charity Commission considered 545 applications for the transfer of money or assets, often to enable trustees to switch these holdings to more modern charity structures.
https://www.gov.uk/government/news/1bn-gift-transfer-to-british-museum-given-green-light