"Tate Receives Major Donation of Art" - NYTimes.com

May 29, 2012, 1:41 pm

The Tate in London has received a gift of nine artworks by major 20th-century British artists, including a David Hockney, a Lucian Freud and a Rachel Whiteread.

The banker and philanthropist Ian Stoutzker and his wife, Mercedes, of Salzburg, Austria, who have been generous supporters of the arts in Britain, selected the artworks from their holdings because they fill gaps in the Tate’s collection, the couple said.

“The gift was an initiative from the Stoutzkers,’’ Nicholas Serota, the director of the Tate, said at a news conference on Tuesday. “They don’t receive any tax benefit from this gift but in the current climate they were very keen to make it public because they wanted to encourage others to give works to the national collection.’’

The works will go on display together at Tate Britain in October.