Pittsburgh symphony gets support from local Foundations

Monday, March 27, 2017

Three local foundations have agreed to assist the Pittsburgh Symphony Orchestra as it deals with budget challenges.  The Board of the Heinz Endowments has made a $5 million grant to the orchestra. The funding will be used over a five-year period to support the orchestra's efforts to restructure its business plan, increase earned and contributed revenue, and attain financial stability.  Other grants include $1 million from The Benter Foundation over the next four years and $500,000 from the Eden Hall Foundation, which will be used to "inspire donors at the $5,000 level and above to increase their giving levels." Pittsburgh Symphony management has already instituted cost-cutting measures including layoffs in administration and other departments. 

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