Philadelphia Orchestra and San Francisco Symphony Get $10 Million Challenge Grants

Classic Arts News   Philadelphia Orchestra and San Francisco Symphony Get $10 Million Challenge Grants
 
The San Francisco Symphony Orchestra and the Philadelphia Orchestra each announced this week that they had received $10 million challenge grants.

The SFSO's grant, from the Evelyn & Walter Haas, Jr. Fund, will be used to support the Keeping Score: MTT on Music program, a multimedia effort to build new audiences for classical music. The initiative, which features San Francisco Symphony music director Michael Tilson Thomas, includes a PBS television series as well as educational and Internet components.

The SFSO will receive the $10 million grant, the largest ever made to the ensemble, if it raises an additional $10 million over the next three years.

The Neubauer Family Foundation's $10 million grant to the Philadelphia Orchestra will go to the orchestra's endowment. In particular, it will be used create endowment funds in support of commissions, outreach, and the principal trombone chair. The grant requires the orchestra to raise $20 million over the next eight months: $10 million from its board and $10 million from the public. In addition, the orchestra must maintain balanced budgets for the next five years.

The $30 million resulting from the challenge grant will bring the total raised in the Philadelphia Orchestra's current endowment campaign to $100 million. The campaign's target was raised from $75 million to $125 million in 2003.


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