Gund Foundation Awards $3 Million to Cleveland Orchestra

The Cleveland Orchestra has received a six-year, $3 million grant from the George Gund Foundation in support of its Sound for the Centennial Campaign, Crain's Cleveland Business reports.

Awarded in honor of the late George Gund III, the grant will permanently endow a new Fund for Artistic Excellence and provide support for the world-renowned orchestra's core artistic programming. Gund, who died in January, was a trustee of the Musical Arts Association, which operates the orchestra, Severance Hall, and the Blossom Music Festival.

The campaign, which is scheduled to run through the orchestra's centennial in 2018, aims to build a significant endowment for the orchestra that supports "artistic excellence and diverse community and education programs" in perpetuity.

"This commitment to the campaign not only celebrates George Gund's legacy and leadership at the orchestra," said Gund Foundation executive director David Abbott. "It also ensures that one of our community's most valuable assets can continue to serve Northeast Ohio at the highest levels of artistic excellence."

Scott Suttell. "Cleveland Orchestra Receives $3 Million Gund Foundation Grant." Crain's Cleveland Business 03/07/2013.