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Tacoma Symphony Orchestra grant doubles endowment; another allows new development position

Post by Rosemary Ponnekanti / The News Tribune on Sep. 10, 2012 at 11:53 am |
September 10, 2012 11:53 am

The Tacoma Symphony Orchestra is the recipient of two new grants totaling $554,000, one effectively doubling the organization’s endowment and the other allowing the formation of a new position to develop the orchestra’s patronage, executive director Andy Buelow announced this week.

A $419,000 gift from the estate of George A. Lagerquist, pledged 13 years ago, was recently given in completion to the Tacoma Symphony, for whose endowment fund it was earmarked. Lagerquist, who died in 2003, had made the pledge in 1999 in honor of his wife Mary, who died unexpectedly last year. A trustee and benefactor of Pacific Lutheran University, whose concert hall bears his name, Lagerquist was a successful businessman in the lumber industry and longtime subscriber and supporter of the symphony. The gift doubles the current endowment, providing long-term security for the 66-year-old professional ensemble.

In the same week the orchestra announced a $135,000 grant from the Murdock Charitable Trust, the largest gift from a private foundation (except for endowment grants) ever to be received by the organization, Buelow said. The grant will allow a new full-time administrative position intended to engage new patrons and service current ones.

“At the TSO we are utterly passionate about symphonic music in all its different forms,” said Buelow in a press release. “Our whole mission is about spreading this love to others. It’s a process which begins with exposure, which leads to involvement, which leads to engagement, which leads to passion. And passion leads to philanthropy.”

The M.J. Murdock Charitable Trust was founded through the will of the late Melvin J. Murdock, co-founder of Tektronix Inc. of Beaverton, Oregon. It makes grants to educational, cultural and spiritual organizations.

The TSO season begins on Oct. 26. 253-272-7264, tacomasymphony.org

 

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