Private heritage expenditure

Definition

Private heritage expenditure refers to privately-funded preservation, protection and conservation of national cultural and/or natural heritage and includes, but is not limited to: donations in kind, private non-profit donations and sponsorships. Private funding includes donations by individual and legal entities, donations by bilateral and multilateral funds such as Official Development Assistance, income from admissions/selling services and goods to individuals and legal entities, and corporate sponsorship.

Source definition

UNESCO Institute for Statistics