$5 million gift to American Ballet Theater

Posted on: April 17, 2009

In the Arts, Briefly section on Friday’s (4/17) New York Times, David Itzkoff reports, “American Ballet Theater announced on Thursday that it had received a gift of $5 million from Toni and Martin Sosnoff. In a release the company said that the gift was the single largest it has received from a private donor, and that the money would be used to create the Toni and Martin Sosnoff New Works Fund, which will support all future works that it commissions. Ballet Theater said that its world premiere of Alexei Ratmansky’s ‘On the Dnieper,’ scheduled for June 1, and the company premiere of James Kudelka’s ‘Désir’ would be the first works supported by the fund. Mr. Sosnoff is the chairman of the investment management company Atalanta/Sosnoff Capital and is on the Ballet Theater board of trustees.”

Posted April 17, 2009