A new foundation is to purchase, renovate and restore special monuments in Saxony. So far, the Free State has invested two million euros in the establishment of the "Living Heritage Foundation Saxony", the Ministry for Regional Development announced on Thursday evening.
The foundation under private law is a new way of preserving historically and culturally valuable sites. The spectrum ranges from valuable buildings and technical facilities to gardens and parks. Contemporary utilization concepts should also be developed. The foundation is intended to close a gap between the state palace administration and numerous private funding foundations.
State Minister Thomas Schmidt (CDU) explained that the initiative to establish the foundation came from within the state parliament. He hopes that the foundation will gradually detach itself from public funding and establish itself as an institution in Saxony's cultural landscape. State Parliament President Matthias Rößler has been appointed as the foundation's first chairman.
