Here’s $50 Million And $15 Million More

After recently giving the Philadelphia Orchestra $50 million for its endowment, Leonore Annenberg comes through with another $15 million for an endowment for the Academy of Music concert hall, owned by the orchestra. “The gift from the Annenberg Foundation is for the Academy’s endowment, to be placed there in perpetuity, generating income each year for capital improvements to the 147-year-old landmark.”