Daily News | Curtis Institute receives $10 million gift to fund its ensemble-in-residence program
will be used to fund the school’s ensemble-in-residence program in perpetuity.
The gift, announced Thursday, is from Penelope P. Watkins, a longtime Curtis board member who had previously given seed money to launch the ensemble-in-residence spot, currently held by theNow, investment income generated by Watkins’ gift will fund the program at the conservatory on Rittenhouse Square on an ongoing basis.
Watkins, a Curtis board member since 2002, grew up in the U.K., attended university in Switzerland, worked for the United Nations and moved to Pennsylvania in 1965. She is a supporter of the Natural Lands Trust, the Philadelphia Orchestra and the Philadelphia Museum of Art. At Curtis, the new funds for the ensemble-in-residence program will support performing, touring and teaching, as well as the potential for recording.
Curtis is well along on a campaign to raise $250 million: $200 for endowment, $30 million to upgrade facilities and infrastructure, and $20 million for the annual fund — all by its centenary in the 2024-25 school year. The school has so far raised “just shy” of $200 million, a Curtis spokesperson said.
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