The aim of the Development Board, as recorded in a mission statement prepared in 1998, was to provide support and advice on all aspects of fundraising particularly from the corporate sector. In 1999 an updated statement records that the aims and objectives of the Board were to: help define the strategy for reaching the Gallery's fundraising targets; maximise corporate support for the Gallery's Corporate Membership Scheme and temporary exhibitions; identify areas of interest from potential sponsors to be considered for future Gallery exhibitions; recommend the Gallery for corporate hire and facilitate introductions to the Gallery at a senior level. Other aspects of fundraising were also discussed at the meetings, including the role of the Gallery's Associates and Patrons, American Friends and Corporate Partners. Discussions also included potential acquisitions, support from trusts and foundations and fundraising events.
The Development Board was made up of between 12-16 individuals. Meetings were attended by members of Gallery staff including the Director, Director of Communications and Development, Deputy Director, Head of Finance and Planning, Head of Corporate Development and the Corporate Development Manager. Non-Gallery members are made up of individuals working in the corporate world and Gallery Patrons who are invited to join the Board.
Invited members include Chairmen, Directors, Executives or other senior management staff of major companies in fields such as advertising, consultancy, media and finance and FTSE 100 companies. New members are suggested by existing members of the Board, voted for, and then invited to join. Their role is to advise the Gallery on potential opportunities to raise funds through corporate sponsorship and individual giving donations.
Papers routinely taken to meetings include: Head of Department's report (Communications & Development report); and since 2004 corporate membership income summary; and update on corporate fundraising.
In 2011 the Development Board changed to become the Development Council, performing the same function but with a different structure which results in only one or two meetings per year. No meetings were held in 2011 and therefore there are no minutes or papers for that year.