ENDOWMENT FUND
Gift Made To Symphonia The Symphonia of Auckland has been given $lO,OOO in trust to start an endowment fund for the orchestra when it achieves professional status within a year. The gift was made by Mr ;L. D. Nathan, an Auckland ; businessman and president of i the Symphonia of Auckland ! Foundation. It will cost $160,000 to set |up the symphonia as a professional orchestra. The Symphonia. the Queen Elizabeth Arts Council and the New Zealand Broadcasting Corporation will each find $40,000 of this sum. The arts council’s gift is conditional on Auckland local bodies finding $40,000 themselves, as an expression of the interest of Aucklanders in the project. The Auckland City Council has already indicated that it will find its share, about $lO,OOO
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https://paperspast.natlib.govt.nz/newspapers/CHP19700630.2.56
Bibliographic details
Press, Volume CX, Issue 32336, 30 June 1970, Page 9
Word Count
125ENDOWMENT FUND Press, Volume CX, Issue 32336, 30 June 1970, Page 9
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Acknowledgements
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