Cleveland Orchestra to Receive $ 50 Million Mandel Foundation Grant | Entertainment News

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

The orchestra said Thursday that $ 31.5 million would go towards its endowment, the financial foundation of the orchestra and to support an opera and humanities festival.

Severance Hall, the home of the orchestra since 1931 and named after John L. Severance, will be renamed Severance Music Center. The orchestra’s performance space will be called Jack, Joseph and Morton Mandel Concert Hall. The center also includes the Reinberger Chamber Hall.

The donation is the largest in the history of the 68-year-old Mandel Foundation.

Political cartoons

“Musicians and audiences alike will almost immediately feel the benefits of the Mandel Foundation’s donation, starting with the improvements to the building that will allow us to continue capturing videos for our digital offerings,” said Music Director Franz Welser-Möst in a press release.

Brothers Jack N. Mandel, Joseph C. Mandel, and Morton L. Mandel bought an auto parts business from their uncle, Jacob Mandel, in 1940 and formed Premier Automotive Supply Co., later Premier Industrial Corp.

Copyright 2021 The Associated press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Previous Dave Grohl wants to play ABBA drums | Entertainment News
Next Summary of entertainment news: As Britney Spears rejoices, her father's lawyer calls the curator's suspension "bogus"; Mission Accomplished: Critics Praise Bond Movie "No Time To Die", And More

No Comment

Leave a reply

Your email address will not be published.