6.3 Trends and indicators for private cultural financing
In Switzerland, private players like sponsors, foundations etc., play a major role in the Swiss cultural sector as compared to other European countries (see chapter 3.1 and chapter 7.3). A census based on data gathered in 2001 indicates that the annual cultural expenditure of private enterprises (sponsors or patrons) amounts to approximately CHF 320 million. Unfortunately comprehensive studies on the overall level of private cultural financing are lacking. However, it must be assumed that considerable sums are involved. It is estimated that private foundations disburse between CHF 1-2 billion per annum; between CHF 300-500 million of this sum is used for cultural purposes.