Aspen Music Festival more than halfway to $75M campaign goal

Posted on: August 14, 2012

The Aspen Music Festival and School has launched the public phase of its “Where Dreams Begin” capital and endowment campaign with the news that it has raised more than $41 million toward the $75 million target goal. The campaign will go toward increasing financial aid for students; adding funds for faculty members to recruit and mentor students; funding concert programming and commissioning new music; and building the Matthew and Carolyn Bucksbaum Campus. The campus is being developed jointly with Aspen Country Day School, the festival’s long-time partner, with the $60 million in construction costs split evenly between the two organizations and most buildings on the campus designed as dual-use. Construction of the redesigned campus is set to begin on August 20 and be completed in two to three years. Of the $75 million in the campaign, $30 million will be directed to campus redevelopment, $40 million to increased endowment, and $5 million for bridge funding and expenses.

Posted August 14, 2012