Endowment Support

In addition to income from the Annual Fund, the Pittsburgh Symphony Orchestra depends on income from a robust Endowment Fund to meet its yearly budget, as well as to provide a secure financial baseline for its future growth. Only a small percentage of income is contributed to operating expenses while the principal is never invaded. Through adherence to prudent investment strategies, the Endowment Fund continues to post extraordinary performance and ranks in the top sixth percentile of its peer groups, as ranked by Wilshire’s Trust Universe Comparison over the last 10 years.

Donor gifts to the Endowment Fund can be outright gifts of cash or securities or planned gifts made through bequests, trusts, life insurance or other deferred instruments. The PSO has developed three Legacy of Excellence recognition programs designed to offer donors a variety of opportunities to support the growth of the Endowment Fund: The Steinberg Society honors donors who have advised the Orchestra, in writing, that they have made a provision for the Orchestra in their estate plans; members of the Sid Kaplan Tribute Program have made outright contributions to the Endowment Fund of $10,000 or more to commemorate a particular person or event; and Endowed Naming Opportunities (for guest artists, musician’s chairs, concert series, educational programs or designated spaces) allow donors to specify a name or tribute for 10 years or perpetuity.

For additional information about supporting the Pittsburgh Symphony Orchestra by making gifts to the Endowment Fund or details about available naming opportunities, please contact the Director of Major and Planned Gifts (412)392-3190.