Dallas Symphony reaches $20 million in capital campaign

Posted on: November 19, 2010

In Friday’s (11/19) Dallas Morning News, Scott Cantrell reports, “The Dallas Symphony Orchestra announced Thursday that it has raised $20.68 million toward a $50 million Great Orchestra Campaign. More than $15 million of the total was pledged since Sept. 15, during Paul Stewart’s first 60 days as DSO president. It’s an impressive accomplishment amid a stubborn economic slowdown that has been especially hard on arts organizations. The DSO had a $4 million deficit for the 2009-10 fiscal year. The fund was launched with an anonymous $5 million challenge that required the DSO to raise an additional $15 million. Major matching grants included $5 million from Margot and Ross Perot, $3.5 million from the Eugene McDermott Foundation and $1 million from the Robinson family. Music director Jaap van Zweden contributed $250,000 toward the challenge. The Great Orchestra Campaign is designed to help ensure balanced budgets and to support hiring new musicians and making regular national and international tours.”

Posted November 19, 2010