Ok, I’m wrong. I’m not going to take the day off. I just read through an article by Chicago Tribune music critic, John von Rhein, about the Boston Symphony Orchestra.
In the article he examines the current state of the BSO and where it sees itself going in the future. Make sure you get to the final page of the article where you’ll read about how BSO managing director Mark Volpe and board Chairman Peter Brooke believe their orchestra is undercapitalized; even though at $270 million they maintain the largest endowment of any orchestra in the U.S. According to the article Brooke said he wants to the BSO to become,
” a Boston cultural institution of international importance with a billion-dollar endowment.”
I find it heartening that the orchestra with the largest endowment in the country realizes the importance of needing even more. Back in October of 2004, I espoused the idea of The BIG Endowment and firmly maintain that in order to build a stable, successful orchestral organization; this goal must reside at the heart of any long term plan.
Whether the money comes from government, private, or philanthropic sources (or more likely a hodge-podge of all three) the fact that it needs to come to pass can’t be denied. Hooray for the BSO in leading the way.