The TSO Foundation works to meet the orchestra’s medium- to long-term financial needs by seeking donations from those who want to leave a musical legacy for generations to come. It is a major financial challenge to ensure the TSO continues as a relevant and successful orchestra, and earnings from a substantial endowment fund are key to supporting this vision.
Formed in 2008, the TSO Foundation Trust was designed to manage an endowment fund of at least $20 million. The Trust is continuing its building phase, and currently has over $1.5 Million in funds.
The TSO Foundation will cherish your endowment gifts and those made through your will, and ensure that your legacy will live on forever through preserving the capital and using only the interest generated by the Trust to support the orchestra and financial security of the TSO. It is through this method that the TSO has been able to support the Aviva Scholarship, and Louise Crossley Conducting Workshop.
The Trust has a corporate trustee, the TSO Foundation Ltd, and is financially 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.