BSO erases $200,000 shortfall

October 03, 1991|By Eric Siegel

The Baltimore Symphony Orchestra has closed a $200,000 shortfall in its 1990-'91 annual fund, finishing the year with a record $2.52 million in fund-raising, the orchestra announced yesterday.

The BSO, which launched a major mail campaign to raise the money in July, managed to close the gap with more than 800 donations and a $50,000 challenge grant from the Joseph and Rebecca Meyerhoff Memorial Trust.

The total raised in the 1990-'91 annual fund represented a 17 percent increase over the money raised in the previous year. The annual fund makes up 17 percent of the orchestra's $15 million budget.

John Gidwitz, the BSO's executive director, praised the "heroism" of the orchestra's donors, but he warned in a statement that the symphony faces "even greater challenges" in its 1991-'92 fiscal year, which began Sept. 1. The BSO's annual fund goal for the current year is $3 million. A campaign to raise the money will be launched next week.

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