Endowment gifts are meaningful investments in the future of the North Carolina Symphony. The Symphony established its endowment in 1983 in order to build a strong and sustainable base of financial support that could function in perpetuity. Today, the endowment includes 58 endowed musicians’ chairs and more than 45 special-interest funds. Endowment growth has trended upward in recent years and is valued at more than $18 million.
The North Carolina Symphony Foundation Board of Trustees oversees the endowment to ensure professional management and stewardship funds. The Foundation’s spending policy provides 4.5% of a 12-quarter trailing average to support Symphony operations, ranging from musician salaries to music education.
Endowment gifts may be made during a donor’s lifetime (for example, with gifts of cash, securities, insurance policies, or real property) and beyond a donor’s lifetime through estate planning. Unrestricted gifts of all sizes made toward the general endowment fund help to reduce operating expenses, while restricted gifts are designated toward a specific purpose. Major endowment gifts may include public naming opportunities.
To learn more and to determine the type of endowment gift that is right for you, please contact Karen Smith Fernandez, Director of Major Gifts & Planned Giving, at firstname.lastname@example.org or 919.789.5497.
Celebrate occasions such as birthdays, anniversaries, and graduations with a tribute gift. These gifts allow you to honor someone special to you while supporting the Symphony’s mission of statewide service through music education and artistic excellence.
Take Your Seats in Meymandi Concert Hall
With a one-time gift of $10,000, you may permanently endow two seats in Meymandi Concert Hall. We will acknowledge your seats on a personalized plaque with the wording of your choice.
Lamar Stringfield Society
The Pulitzer Prize-winning composer, flutist, and conductor Lamar Stringfield was the North Carolina Symphony’s founding music director. The Lamar Stringfield Society, named in honor of this inspiring founder, celebrates individuals who have included the North Carolina Symphony in their estate plans, or have established endowed musician chairs or special funds. The contributions of individuals in the Lamar Stringfield Society keep the Symphony performing across the state, as it has since its founding in 1932.
Members of the Lamar Stringfield Society are recognized on a dedicated page of our statewide program book and receive benefits such as invitations to special members-only events.
For more information on endowed gift opportunities and benefits, please contact Karen Smith Fernandez, Director of Major Gifts & Planned Giving, at email@example.com or 919.789.5497.