Billionaire philanthropist Kerr Neilson and daughter Paris have pledged conditional financial support to Carriageworks.The Neilsons are one of several philanthropists to have come forward to offer a potential lifeline to the Eveleigh-based arts organisation after the board called in administrators KPMG on May 4 due to a catastrophic collapse in revenue following coronavirus shutdowns.
Asked how much he was willing to pledge, Mr Neilson said: "One step at a time. The vision has to come from the management and board. We are simply interested in ensuring the country has as much exposure to 'art' as is practicable." Negotiations with Create NSW for a lease had been "ongoing for some time" before voluntary administrators were called, according to the creditor meeting's minutes.
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