Cultural Gifts Program

michael cook unwrapping.jpg

The Federal Government’s Cultural Gifts Program (CGP) encourages Australians to donate items of cultural significance from private collections to public art galleries, museums, libraries and archives. Since its establishment in 1978, over $680 million worth of items have been donated through the Program. Mornington Peninsula Regional Gallery’s permanent collection has been significantly enriched by gifts made through this program. Through the generosity of artists and collectors, MPRG has acquired over 500 works of art that align with our Acquisition Policy through the CGP. The MPRG collection reflects two central areas of specialisation: Australian works on paper and works of cultural importance to the Mornington Peninsula region by nationally significant artists. Your gift will be developing MPRG’s collection and preserving Australia’s cultural heritage for the benefit of future generations. Beyond enhancing the cultural significance of our collection, as a donor you will be eligible to the following tax incentives:

The market value of the gift is fully tax deductible, with some exceptions.
You can elect to spread the deduction over up to five income years.
Gifts are exempt from capital gains tax. 

For more information on the Cultural Gifts Program please visit www.arts.gov.au/cgp