All gifts, regardless of size, are incredibly valuable for the continuation of the YSO’s traditions and continued health. There are three kinds of giving - all of which are of great value to the orchestra.
1. Endowed Giving - A gift of $100,000 or more can be placed in a named fund, the yield of which the YSO can draw from in perpetuity. Currently, endowed funds yield about 5% of their principal, meaning a gift of $100,000 will grant the YSO $5,000 a year. Endowed gifts are incredibly valuable to the permanent and perpetual health of the orchestra.
2. Direct Gift - Any donation under $100,000 can be made available to the YSO immediately toward current projects. These funds can still be placed in a dedicated fund account, whose balance will carry over from year-to-year. Interest won’t accumulate, however. Once the balance is spent, it is gone. These gifts are very valuable for one-time funding of things like tours, special concerts, and events.
3. Material/Capital Gift - The YSO can also benefit from a donation of specific instruments (listed below) that the orchestra often needs. Other material gifts allow us to avoid rental of stage equipment every year.
Examples of Projects Endowed or Direct Gifts would Benefit Include
|Annual Touring||$5,000,000||$250,000 (for a single tour)|
|Biannual Touring||$2,500,000||$250,000 (for a single tour)|
|Triannual Touring||$1,250,000||$250,000 (for a single tour)|
|Annual Special Guest Artist||$1,000,000||$15,000 - $50,000|
|Annual New Work Commissioning by a Major Composer||$500,000||$10,000 - $25,000|
|Halloween Show Production||$200,000||$10,000|
|One Regular Season Concert Production||$200,000||$10,000|
|Season Concert Posters and Poster Printing||$100,000||$5,000|
|Post-Concert Receptions in the President’s Room||$100,000||$5,000 - $6,500|
|William Waite Concerto Competition||$50,000||$2,500 (for judges)|
|Annual YSO trip to hear New York Philharmonic||$50,000||$2,500|
|YSO Commencement Concert Production||$40,000||$2,000|
|Fund student lessons||$30,000 per student||$1,500 per student|
|YSO Undergraduate Composer Reading||$20,000||$1,000 (for recording)|
|YSO Annual Start-of-Year Retreat||$10,000||$500|
|YSO Senior Dinner||$10,000||$500 - $750|
These one-time gifts are also of extraordinary value to the YSO:
|Contrabassoon||Please contact us directly|
|Travel Celli (fiberglass for safer travel)||Please contact us directly|
|Fund the digitization of the Prof. William Bennett Sr. concert recording archives||~$40 per concert recording|