The Mobile Symphony Endowment Fund was established to provide ongoing annual support to the Mobile Symphony Orchestra. Each year, the MSO receives a portion of the interest or earnings from the endowment to use for operating expenses. The corpus for the endowment will never be spent but will generate monies for annual operations for generations to come.
The Mobile Symphony recognizes contributions to the Endowment Fund in a variety of ways. We will publicize your support (unless you request anonymity), and our musicians, board, staff, donors and patrons will know of and recognize your benevolence.
A solid endowment is crucial to the future development of the Symphony. It will:
- Ensure continuing financial returns
- Enable the Symphony to keep pace with annual growth and inflation
- Minimize the need for expandable contributions to cover the gap between expenses and earned income
- Enable feasible long-range planning to take place
- Ensure the future of the orchestra for generations to come
Types of Gifts
- Cash
- Publicly Traded Securities
- Closely Held Securities
- Tangible Personal Property
- Real Estate
- Remained Interests in Property
- Life Insurance Beneficiary Designations
- Charitable Gift Annuities
- Charitable Remainder Trusts
- Bequests
- Retirement Plan Designations
Endowment Giving Opportunities
- $2.5 Million+ – Conductor’s Chair
- $1 Million+ – Concertmaster’s Chair
- $500,000+ – Principal’s Chair
- $250,000+ – Musician’s Chair
- $150,000+ – Education Chair