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Richmond Symphony Receives $500,000 Challenge Grant from The Cabell Foundation

M E D I A  A D V I S O R Y

May 24, 2017 – Richmond, Virginia  – The Richmond Symphony has been selected by The Cabell Foundation as the recipient of a $500,000, one-to-one challenge grant. In order to secure The Cabell Foundation’s award, the Richmond Symphony must raise $500,000 in new or increased support from the Richmond community over the next 12 months, starting immediately.

“We are honored by The Cabell Foundation’s continued belief in the Symphony’s work and long-standing commitment to our shared Richmond community,” said Executive Director David J. L. Fisk. “The Foundation and its Trustees have been ardent supporters throughout the history of the organization. This leadership gift gives the Symphony a powerful tool to leverage new and increased funding from those who wish to support our growing commitment to artistic excellence and the Richmond community. We are very grateful to The Cabell Foundation, as well as the many other individuals, businesses and organizations who make it possible for the Symphony to thrive.”

Upon completion of the challenge, The Cabell Foundation’s $500,000 gift will be made to the Richmond Symphony Foundation, increasing the Cabell Fund for Artistic Excellence to $1,000,000. This endowed fund provides support to recruit and retain the professional musicians and administrative talent required to sustain the Richmond Symphony as one of the most innovative orchestras in the United States. The challenge match will help the Symphony raise new dollars, including special funding for projects in and around its 60th Anniversary season and strategic initiatives and programs associated with the Symphony’s 2020 Strategic Plan.


About The Cabell Foundation
Founded in 1957 by Mr. Robert G. Cabell, III, and Mrs. Maude Morgan Cabell, The Cabell Foundation was established as a private, non-operating foundation to support the permanent needs of charitable organizations throughout Virginia, with particular emphasis on agencies in the metro Richmond region. Communities across the Commonwealth have been enriched by Foundation support to cultural arts institutions, historic preservation sites, environment and conservation initiatives, community development efforts, higher education infrastructure and the social services sector.


About the Richmond Symphony
Founded in 1957, the Richmond Symphony is the largest performing arts organization in Central Virginia. The organization includes an orchestra of more than 70 professional musicians, the 150-voice Richmond Symphony Chorus and more than 260 students in the Richmond Symphony Youth Orchestra programs. Each season, more than 200,000 members of the community enjoy concerts, and radio broadcasts. The Symphony also provides educational outreach programs to over 50,000 students and teachers each year. The Richmond Symphony is partially funded by the Virginia Commission for the Arts and the National Endowment for the Arts. Visit www.richmondsymphony.com.


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Scott Dodson
Director of Advancement and Patron Communications
804.788.4717 ext. 120


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