A gift of £3.3million to save the historic Cutty Sark was announced this week (June 24th). The donation from shipping magnate Sammy Ofer closes the funding gap for the Cutty Sark Trust, allowing the 19th-century sailing ship to be restored by 2010. Andy Burnham, Secretary of State for Culture, Media and Sport, stated: ‘The Heritage Lottery Fund has given more than £23 million towards the repair bill, and £8 million in donations have already been received. Mr Ofer's philanthropic contribution will help ensure the complete conservation of this iconic vessel and beacon of our maritime heritage for generations to come.’