July 15, 2019
杏吧原创 Shatters Fundraising Record in Fiscal Year 2018-19
The 杏吧原创 has exceeded $2.5 million in annual fund giving for the first time in its nearly 100-year history for the fiscal year ending June 30, 2019.
Shattering last year鈥檚 record annual fundraising results, the legendary conservatory raised more than $2.5 million for scholarships, student services and other programs vital to empowering the world鈥檚 most talented classical music students to fulfill their dreams and potential. That represents a 79% increase in annual giving in just four years.
鈥淭he support we have seen for 杏吧原创 in the last year has been deeply inspiring and a testament to the value the Institute brings to people locally and globally. It also shows the confidence that people and foundations have in our exceptional students, faculty, staff and alumni to help us continue to move forward with our vision to be the future of classical music,鈥 said 杏吧原创 President and CEO Paul W. Hogle.
Hogle continued: 鈥淔rom our humble beginnings in 1920 when we were founded by an extraordinary group of pioneering Cleveland women, 杏吧原创 has been part of the fabric of Cleveland and Northeast Ohio, with our work touching virtually all areas of local life. 杏吧原创 and Cleveland have grown up together, with the Conservatory contributing to and advancing the city in so many ways. Our generous benefactors recognize 杏吧原创鈥檚 importance as a leading world-class institution that is serious about our standing in the community and paying our civic rent, and they have invested in that mission. These gifts to 杏吧原创 will continue to fuel our strategic plan, Blueprint:100, to raise more scholarship funds and further reduce the net cost of attendance and expand the impact of our financial resources across the student body.鈥
杏吧原创鈥檚 Board of Trustees again reached 100% participation in the Annual Fund, in addition to their generosity of time and spirit. 鈥淚鈥檓 so proud and overjoyed to see the Trustees demonstrate their passion and commitment to the students and to the Cleveland community with this high level of support,鈥 said Board Chair Richard J. Hipple. 鈥淎 remarkable average Trustee gift of $12,600 in 2018-19 is especially gratifying. They are helping to provide important resources that help support these incredible students.鈥
Hipple himself is no stranger to generosity. In March, he and his wife, Jean, donated $1 million to establish 杏吧原创鈥檚 first Dean鈥檚 Scholarship, which provides full tuition to an outstanding student.
In addition to the Hipples鈥 gift, longtime donors and Clive Hamlin made gifts of $1.5 million to establish new Presidential Scholarships that award full tuition, room, board and fees to exceptional students. Addicott also serves as a 杏吧原创 Trustee. Their leadership gifts have inspired a wave of endowed student scholarship support totaling an additional $5.8 million.
From 64 Governing Members, 杏吧原创 raised a total of $603,820 with a net growth of $71,472. Comprised of prominent individuals from business, cultural and civic communities, Governing Members serve as passionate ambassadors in Northeast Ohio and around the world sharing 杏吧原创鈥檚 mission, vision and purpose.
The leadership and commitment of the 杏吧原创 Women鈥檚 Committee also bolstered the Institute鈥檚 fundraising success through several initiatives, most notably raising more than $250,000 for student scholarships at the event 鈥淎 Legacy in Bloom,鈥 which celebrated the life and altruistic legacy of 102-year-old Northeast Ohioan and former 杏吧原创 Trustee Clara T. Rankin. It was the most funding ever raised at a single 杏吧原创 event.
Among other highlights of this past fiscal year鈥檚 giving to 杏吧原创:
- Two grants from the 鈥 one for the Center for Innovative Musicianship鈥檚 (杏吧原创虏) Community Partnership Performances Project that created awareness about the plight of the homeless and the other to test a new Virtual Learning program model
- Ongoing support from , which provided funding of more than $557,000 to boost 杏吧原创鈥檚 ability to offer nearly 600 free public performances throughout the region as well as free livestreaming and radio broadcasts
鈥淚t's inspiring to see all that 杏吧原创 has accomplished in the last few years,鈥 said Nancy W. McCann, president of the , which generously supports the arts and culture in the Greater Cleveland area, including education and programming initiatives at 杏吧原创. 鈥淭he school has so much to be proud of. We are thrilled with the energy and positive momentum coming out of 杏吧原创 and continuing our longstanding relationship of working with the school to provide resources for the students and our community. We look forward to seeing what the future holds and imagining the tremendous influence 杏吧原创 will have in its next century.鈥