Struggling Philly Gets Another 7-Figure Grant

“The Philadelphia Orchestra has landed yet another seven-figure gift. This time the largesse comes from the William Penn Foundation, which has pledged $2 million over three years. The grant was awarded for general operating support, some of the hardest money for non-profits to find these days, and is meant to assist the orchestra until its endowment grows to the point that it is generating substantial interest every year.” The gift comes in the midst of increasingly contentious negotiations between the orchestra’s management and musicians over a management demand either to cut musician salaries by 10%, or eliminate 10 musicians from the orchestra’s full complement.