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Chicago Symphony Orchestra receives two gifts totalling $32m

The endowments of $15m and $17m will support the orchestra’s education programme and the position of music director

Friday, 13 June 2014

The Chicago Symphony Orchestra has announced the receipt of two significant gifts, totalling $32m.

The first endowment of $15m comes from the Chicago-based Negaunee Foundation to provide support for the orchestra’s Institute for Learning, Access and Training – to be known from now on as the Negaunee Music Institute. The educational and community programme engages more than 200,000 children, teens and adults of diverse incomes and backgrounds each year through free and low-cost performances and learning initiatives.

The second gift of $17m comes from the Zell Family Foundation for the naming, in perpetuity, of the position of music director, currently held by Riccardo Muti.

‘Sam and Helen Zell have been long-time friends of the Orchestra, and since 2010 they have become my personal friends as well,’ said Muti. ‘I am honoured by this demonstration of great affection for the CSO through this generous gift. Endowing the position of the music director is a remarkable gesture of ongoing support of the orchestra now and into the future.’

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