KSO raises $3.9 million
BY LINDA S. MAH
The Kalamazoo Symphony Orchestra is two
years ahead of schedule and nearly $1.4 million above its goal in a
fund-raising campaign tied to a $1.25 million challenge grant from the Ford
Foundation. [NOTE: The actual figures have the KSO nearly
$140,000 above its goal, not $1.4 million as stated.]
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The Ford Foundation "New Directions/New
Donor" grant gave the KSO $1.25 million in 2000 to hire full-time
musicians provided the KSO could match the gift with $2.5 million in local
donations, excluding gifts from large corporations and foundations. The KSO was
required to raise the funds by 2005.
In a visit to the Ford Foundation two weeks
ago, the KSO told foundation officials it has raised almost $3.9 million in
gifts and pledges for the campaign to fund its Artists-in-Residence program
endowment.
The KSO will celebrate the accomplishment
today in a program at its 2003 annual meeting at
"I'm ecstatic," KSO Music Director
The Artists in Residence Campaign, however,
is not over, said
The match campaign was precluded from
seeking support from public corporations and large foundations -- the bedrock
of many fund-raising campaigns -- because the Ford initiative required grantees
to seek new donors in order to broaden their bases of support. The KSO raised
the $3.8 million with gifts from about 500 people.
"Now that we've met the match, we will
go to donors in the community which would not have previously qualified but who
can still help us in the campaign and help us raise additional funds to support
the Artists-in-Residence initiative," Miller said.
The Ford Foundation gave the KSO its $1.25
million grant for the Artists in Residence endowment in a lump-sum payment in
2000, said
The Artists-in-Residence program has
resulted in the hiring of six full-time musicians.
The KSO plans eventually to fund the
salaries of an additional four musicians with the funds from the Ford program
endowment. (The KSO also has four full-time musicians who make up the KSO
Burdick-Thorne Quartet and were hired before the Ford grant. Their salaries are
not funded by that grant.)
Although the original Ford proposal called
for the KSO to hire 10 artists in residence by 2005, the KSO has backed away
from that goal because of the weak economy, Ridenour said.
"We have to grow in a fiscally
responsible way," she said. With the market hampering endowment revenue growth,
the remaining four full-time positions are in limbo until the economy improves,
she said.
The hiring of full-time musicians is unusual
for an orchestra the size of the KSO, with 85 musicians,
"A real measurement of the impact of
the program is when we have an audition,"
"When the principal oboe became a
full-time salaried position, suddenly we were getting 60 applicants. Not only
were we attracting much better people, but many, many more people were
interested in the job."
When a conductor works with only part-time
musicians, it's hard to know who will be available for a work on a given date,
he said.