COMPENDIUM CULTURAL POLICIES AND TRENDS IN EUROPE
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Georgia/ 6. Financing of culture  

6.3 Trends and indicators for private cultural financing

The independent foundation-Cartu Group (the owner is Georgian billionaire Bidzina Ivanishvili) has published its expenses for charitable activities it supported from 2005 to 2010. Ivanishvili allocated a total of 1 156 081 151 GEL through the charitable funds "Cartu", "Foundation for Protection and Rescue of Historical Monuments" and the Association "Atus". The areas supported were culture, art, sport, medicine, science, education, agriculture and socially vulnerable people. The amount spent on culture was 592 017 109 GEL (see the Table below).

Table 16:  Expenses of charitable institutions, in GEL, 2005-2010

Year

Institutions

Domain

Expenses

Total

2005

International charitable fund "Cartu"

Culture sphere

16 585 793

27 095 202

Construction of churches

10 090 382

Foundation for Protection and Rescue of Historical Monuments

Restoration of 15 monuments and churches

419 027

2006

International charitable fund "Cartu"

Construction of St. Trinity Cathedral

9 280 000

157 768 892

Foundation for Protection and Rescue of Historical Monuments

Construction of 69 historical monuments and churches

2 349 883

Association "Atu"

Construction and rehabilitation of recreation and cultural-entertainment objects, construction of education objects

146 139 009

2007

International charitable fund "Cartu"

Construction of St. Trinity Cathedral, charitable financing of culture and art spheres

181 916 475

184 734 569

Foundation for Protection and Rescue of Historical Monuments

Restoration of historical and cultural monuments, 81 churches

2 818 094

2008

International charitable fund "Cartu"

Charitable financing of culture

170 223 837

174 421 999

Foundation for Protection and Rescue of Historical Monuments

Restoration of 113 churches

4 198 162

2009

International charitable fund "Cartu"

Social aid to the honoured art workers

4 438 065

25 660 774

Reconstruction of J. Kakhidze Music Centre

4 681 100

Reconstruction of S. Janashia State Museum of History

1 431 400

Reconstruction of Al. Griboedov Russian Drama theatre

1 338 300

Foundation for Protection and Rescue of Historical Monuments

Rehabilitation of 133 historical monuments

4 340 403

Complex restoration of medieval architecture and painting monuments

4 480 606

Construction of Natanebi concert hall

4 950 900

2010

International charitable fund "Cartu"

Financing of culture and art sphere

18 089 169

22 335 673

Foundation for Protection and Rescue of Historical Monuments

Restoration-rehabilitation of 212 historical churches

4 246 504

Source: http://www.ambebi.ge/sazogadoeba/43340-2005-2010-tslebshi-bidzina-ivanishvilma-qvelmoqmedebaze-1-156-081-151-lari-dakharja.html#ixzz4xBonje9N

The ratio of expenses of Cartu Group to the budget of the Ministry of Culture and Cultural Heritage in the same years is the following:

Table 17:  Expenses of the Ministry of Culture and Monument Protection and of the Cartu Group, in GEL, in EUR, in %, 2005-2010

Year

Institutions

Total expenditure in GEL

Total expenditure in EUR

% share of total

Total
In EUR

2005

Ministry of Culture and Monument Protection

32 554 400 GEL

13 564 333 EUR

54.57%

24 854 000

Cartu Group

27 095 202 GEL

11 289 667 EUR

45.43%

2006

Ministry of Culture and Monument Protection

53 948 400 GEL

22 478 500 EUR

25.48%

88 215 538

Cartu Group

157 768 892 GEL

65 737 038 EUR

74.52%

2007

Ministry of Culture and Monument Protection

77 113 700 GEL

32 130 708 EUR

29.45%

109 103 445

Cartu Group

184 734 569 GEL

76 972 737 EUR

70.55%

2008

Ministry of Culture and Monument Protection

48 765 200 GEL

20 318 833 EUR

21.8%

92 994 665

Cartu Group

174 421 999 GEL

72 675 832 EUR

78.2%

2009

Ministry of Culture, and Monument Protection

64 028 800 GEL

25 611 520 EUR

71.4%

35 875 829

Cartu Group

25 660 774 GEL

10 264 309 EUR

28.6%

2010

Ministry of Culture, and Monument Protection

77 025 000 GEL

30 810 000 EUR

76.8%

40 116 530

Cartu Group

22 335 673 GEL

9 306 530       EUR

23.2%

Georgian legislation has not yet developed sponsorship and charitable funding concepts and only church construction is exempted from tax.

The information about the forms of cooperation between the state institutions and Cartu Group (any official agreements or project contracts) is not available.


Chapter published: 26-01-2016

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