Your gift will help provide life changing musical experiences for future generations.
Why is the Foundation important to the TSO? The TSO must, like all not-for-profits, plan for decreasing government support and the need to replace those budget dollars in the medium to long term. The TSO Foundation is planning for the financial viability of the TSO well into the future, and the degree to which the Foundation can support the orchestra is dependent upon individual’s gifts to the fund.
What funds comprise the TSO Foundation? The TSO Foundation currently manages the TSO Foundation Trust, a fund in excess of $1 million, and has an ambitious, but achievable goal, to build this capital to at least $2 million by the end of 2018.
What is the TSO Foundation Trust? The Trust was formed in 2008 to build and manage an endowment fund of at least $20 million, with fund earnings to support the future financial security of the TSO through an annual distribution to the TSO operating fund.
How is the Trust structured? The Trust has a corporate trustee, the TSO Foundation Ltd, which looks after the Trust funds.
How is the Trust managed? The Trust is managed by an independent board of honorary directors, supported by a Board audit and risk committee. The Trust and the Foundation are independently audited on an honorary basis by Deloitte. Independent investment and portfolio advice is provided by Unica Wealth.
How can I help? Your generous support of the Foundation in the form of a cash donation or a future gift in your Will helps build the capital fund and enables the Foundation to nurture and support the TSO for decades to come.
Where can I get more information? Please feel free to contact the Foundation with any questions. Contact the Development team on 03 6232 4430 or email the Foundation on firstname.lastname@example.org. The TSO Foundation mailing address is GPO Box 1450 Hobart TAS 7001.