Cleveland Orchestra to Get $50M Grant From Mandel Foundation

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By Associated Press

September 30, 2021 at 2:31 PM UTC

Cleveland (AP) -- The Cleveland Orchestra will receive a $50 million grant from the Jack, Joseph and Morton Mandel Foundation, the largest gift in the history of the 103-year-old music organization.

The orchestra said Thursday that $31.5 million will be dedicated to its endowment, the orchestra's financial foundation and supporting an opera and humanities festival.