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Sydney Festival receives record philanthropic donation We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Sydney Festival has received its largest ever philanthropic donation from a leading businessman who shot to public prominence when he purchased Kurt Cobain s MTV Unplugged guitar at auction for nearly $9 million. Self-made millionaire Peter Freedman is the festival s knight in shining armour, having committed a minimum $5 million. Freedman was first introduced to the Sydney Festival 10 years ago by then festival director and friend Lieven Bertels and he made his first philanthropic gift of $100,000 in 2015. His gifts to date have totalled $1.6 million. ....
Sydney Festival given record $5 million individual donation by philanthropist Peter Freedman WedWednesday 13 updated WedWednesday 13 JanJanuary 2021 at 6:57pm Mr Freedman said he would like to see philanthropy for the arts become a bigger part of the culture in Australia. ( Share Print text only Cancel He once spent $9 million buying the guitar of late grunge superstar Kurt Cobain, with plans to use it to raise money for the music industry. Key points: Philanthropist Peter Freedman s donation to the Sydney Festival is the largest single donation to the organisation from an individual Sydney Festival will spend the donation on new major works and help support Australian artists ....