The National Land Fund of the United Kingdom was a sum of money held by HM Treasury for the purpose of securing culturally significant property for the nation as a memorial to the dead of World War II . It was created in 1946.
5-607: The National Heritage Memorial Fund (NHMF) was set up in 1980 to save the most outstanding parts of the British national heritage, in memory of those who have given their lives for the UK. It replaced the National Land Fund , which had fulfilled the same function since 1946. It received £20 million Government grant in aid between 2011–2015, allowing for an annual budget of between £4 million and £5 million. Between 1980 and 2020,
10-599: A principal beneficiary was the National Trust which acquired many country houses in the 1940s and 1950s using the fund, beginning with Cotehele in Cornwall. Typically the houses were given to the nation instead of inheritance tax being paid to the Inland Revenue , which was reimbursed from the fund for any shortfall. The value of the fund was reduced to £10 million in 1957 by HM Treasury. After this
15-652: The National Lottery Heritage Fund . National Land Fund Proposed by Chancellor of the Exchequer , Hugh Dalton , the fund was confirmed in section 48 of the Finance Act 1946 with a sum of £50 million. The fund was never really utilised or developed in the manner that Dalton had envisaged. Nevertheless, despite this under-utilisation, substantial areas of land and numerous buildings were donated to various charities, of which
20-839: The NHMF spent £368 million. Nearly a third (over £106 million) was spent on buildings and monuments, and nearly £194 million was spent on paintings, furniture and other objects. A diverse list of over 1,200 heritage items have been safeguarded by the National Heritage Memorial Fund, including: National Trust country house acquisitions funded through the NHMF include Calke Abbey , Belton House , Kedleston Hall and Chastleton House . In addition, NHMF intervention helped Burton Constable Hall , Paxton House , Thirlestane Castle , Hopetoun House , Weston Park and Wentworth Woodhouse to be established as independent charitable trusts. NHMF funds were also used to rescue parts of
25-602: The collections at Powderham Castle , Althorp , Castle Howard , Highclere Castle , Belvoir Castle and Mount Stuart House . The NHMF is funded by grant-in-aid from the UK Government through the Department for Culture, Media and Sport . In 1993 NHMF was given the responsibility for distributing the share of heritage funding from the National Lottery for the heritage good cause. It does this through
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