Austin Symphony receives $1 million bequest

Posted on: April 24, 2017

The Austin Symphony Orchestra in Texas has announced a $1 million bequest from Ronald C. Jernigan to start the Moto Perpetuo Society, a new club for donors who recognize the Austin Symphony in their bequests or other long-range charitable giving plans at a level of $100,000 and above. Also announcing bequests to Moto Perpetuo are Austin Symphony patrons Araminta and Tom Sellers and local arts patrons Bruce and Kathryn Grube. The principal of the donations will go to the Austin Symphony Endowment; income from interest earned on the gift will help ensure the ASO’s mission of providing excellence in music performance and education to Austin and Central Texas. In a press release, Jernigan said, “Ever since returning to Austin, I have been so taken with the Austin Symphony. I have also seen firsthand the power of an Endowment to provide long-term stability for an institution. It is my hope that this bequest will inspire others to give back to the Symphony in their wills as well.”

Posted April 24, 2017