NBSO Launches Endowment Campaign
New Bedford, MA—The New Bedford Symphony Orchestra (NBSO) has announced the public phase of its campaign to establish a $2 million endowment that will provide enduring support for both the orchestra and its educational programs. After raising nearly $1.5 million during the initial quiet phase, community and business support is now being sought to bring the campaign to a successful conclusion. To help achieve that goal, an anonymous donor has made a matching gift challenge in the amount of $250,000. The 1:1 matching gift will double the impact of all gifts to the endowment fund up to the $2 million goal.
“The symphony has been overwhelmed by the incredible generosity of donors during the quiet phase of the campaign. We deeply appreciate that support and the matching gift that will help us reach the campaign goal,” stated NBSO President and CEO David Prentiss.
The quiet phase of the campaign was launched last year during the NBSO’s centennial season. The endowment fund will ensure that the NBSO has the resources necessary to maintain the high quality of both its professional orchestra and its nationally recognized educational programs as it enters its second century. The orchestra annually presents a concert series of classical and pops music with prize-winning guest artists from around the world. In addition, the NBSO offers the South Coast Chamber Music Series and provides innovative educational programming to 30,000 students each year.
The endowment campaign includes a range of giving categories and areas for which the support will be used. Donors will be recognized in a variety of ways, including many naming opportunities that will exist in perpetuity for orchestra positions and programs. Also included is the recently established David MacKenzie Fund for Music, named in honor of the NBSO’s long-time music director who retired last year.
According to NBSO Board Chair Sandria Parsons, “The endowment campaign gives all donors the opportunity to support our mission of building a vibrant community of music for the next 100 years. We hope that all individuals and businesses in the region will support us through this matching gift opportunity and help us bring the campaign to a successful conclusion.”
For more information about the campaign, contact the NBSO at 508-999-6276 or visit www.nbsymphony.org.