Chicago Symphony Orchestra Receives $10 Million Gift

In Wednesday’s (6/12) Philanthropy News Digest, an unsigned report states, “The TAWANI Foundation, the philanthropic arm of  TAWANI Enterprises, has announced a multiyear, $10 million gift to the Chicago Symphony Orchestra Association (CSOA). In addition to support for the organization’s $175 million fundraising campaign, the gift includes a $5 million challenge grant. The campaign aims to secure a steady financial future for the organization by increasing the corpus of the endowment fund, paying down debt, and fully funding the musicians’ pension plan. The TAWANI Foundation was founded by CSOA board member Col. Jennifer N. Pritzker. ‘The impact of this leadership gift from the TAWANI Foundation is extremely meaningful and wide-reaching,’ said CSOA president Jeff Alexander. ‘It allows the organization to achieve greater financial stability, sustain the musical excellence of the Chicago Symphony Orchestra and share musical resources through education and community programs well into the future. We express sincere gratitude to the TAWANI Foundation for this significant commitment.’ ”