Endowment Giving Is Critical to Sustaining the ASO’s Orchestral Excellence Ticket sales and annual giving are essential ingredients in providing financial support for the Alexandria Symphony Orchestra.   But like many other not-for-profit organizations, endowment support is also a critical component in ASO’s musical excellence and financial stability.  The Alexandria Symphony Concerto Foundation was established in 2005 to provide long-term financial support to the ASO.  The Foundation’s goal is to build a significant capital fund, with income from that fund providing annual income to the Symphony in support of enhanced programming.

The Foundation is a “supporting organization” under section 509(a)(3) of the Internal Revenue Code and gifts made to the Foundation are tax deductible as charitable donations.  As of the end of the first quarter of 2012, the fund had approximately $340,000 in assets.  Gifts to the Foundation may be unrestricted or designated for a specific purpose. The first phase of the Foundation took the form of a Challenge Grant of $100,000, sponsored by Betty and Frank Quirk. Completed in May 2007, this phase generated over $200,000. The following individuals have contributed gifts of $5,000 or more as part of the first phase, or subsequently to 2007:

C. Maxine Baustian
Estate of C. Maxine Baustian
Estate of Lorna Bridenstine
Suzanne S. Brock
Miriam and David Browning
Penny and Tim Bryan
Linda and Elliott Bunce
Agnes and Jack Dover
Diana and Gerhard Dreo
Loti and Stewart Dunn
Julie and Edward Dyson

Anne and Caswell Hobbs
Ruth Kotler
Eva and Frank Manning
Mary Ann and David Millard
Reae and Thomas Sargeant
Molly and James Singerling
Ann and Roy Snyder
Symphony Orchestra League of Alexandria (SOLA)
Judy and Forrest Williams
Stuart and Robert Wineland
Susan and Allan Winn

The Concerto Foundation is now looking to the next phase of its existence. Donations to the Foundation are tax deductible just as donations to the Alexandria Symphony Orchestra (ASO) are. The Foundation has its own Articles of Incorporation, By-laws, and Board of Directors. The Foundation’s monies are managed separately and independently from the ASO funds. Please click here to view further details about planned giving. Be one of the next contributors to the Alexandria Symphony Concerto Foundation. For information on how to make a donation call or email the ASO at 703-548-0885 or kernc@alexsym.org.