Endowment gifts have provided
the financial foundation upon which the Orchestra's success
is founded. Funds are invested and professionally managed
to provide annual income to support of operations.
For over 100 years, the Symphony & Pops have been
integral parts of the social, intellectual, educational
and economic fabric of this community. The Orchestra serves
as a place of enjoyment, an incentive for attracting new
talent, a cultural ambassador and a source of pride.
For over 100 years, this community has nurtured and protected
the sacred trust left us by our ancestors. During that
time, the reputation of the Cincinnati Symphony Orchestra
has grown. To meet the increasingly diverse tastes of
its audience, the Orchestra has added new programs and
activities.
Previous generations of Cincinnatians understood the need
to provide a strong capital base. The CSO was one of the
first orchestras to establish an endowment and, for many
years, its endowment was larger than almost every other
orchestra. The endowment is a permanent reminder of the
importance of the Orchestra and a way for us to prepare
for further musical achievement and service to the community.
Without a strong endowment, the CSO could not hope to
achieve the stature it has today as one of the country's
pre-eminent orchestras.
The Orchestra is widely acknowledged to be one of a handful
of "major league" orchestras in the nation.
One of only 17 with year-round activities, in terms of
artistic achievement and reputation, it is considered
by its peers to be one of the top ten orchestras in the
country.
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A comparison with other orchestras
reveals the CSO is run efficiently and effectively. It
has been a leader in cost controls, increasing ticket
sales and utilizing its assets to generate operating income.
However, the very nature of full-time symphony orchestras
is such that operating income can never be expected to
cover operating expenses. Contributed income, government
grants and investment income. as well as earned income,
are needed to meet expenses.
Historically, Cincinnatians have demonstrated their support
for the Cincinnati Symphony Orchestra in many ways, and
the CSO continues to make every effort to accommodate
contributors' needs and wishes.
The endowment welcomes outright contributions —
in full or in installments — and deferred gifts.
All contributions and estate provisions will receive appropriate
credit and acknowledgment. Significant gifts might also
provide special, perpetual recognition opportunities.
Gifts can be made in cash or securities, real property,
life insurance and/or estate provisions, including bequests,
charitable lead trusts, remainder interests in residences
and/or life income gifts, such as pooled income funds,
charitable gift annuities, deferred payment gift annuities,
charitable remainder annuity trusts and charitable remainder
unitrusts.
The CSO endowment offers exciting, enriching ways to cherish
and honor someone special or to unite a family and perpetuate
its name while benefiting the community at large. View
the current
list of endowed chairs and programs. |
