Gifts To The Endowment
Gifts to the endowment may be made in cash, stock, as bequests, or through a variety of planned giving options.
Gifts of $100 and above are recognized in the Conservatory's annual report. They may also be recognized in other publications as appropriate.
Unrestricted Gifts
An unrestricted gift of any amount to the Conservatory's permanent endowment supports the programs and operations of the Conservatory in perpetuity.
Restricted Gifts
Endowment gifts may also be directed to specific programs or funds, such as the Piano Fund. If you are interested in making an endowment gift for a specific purpose, please contact us. The terms of the restricted gift may be negotiated with the Conservatory.
Contributions to the endowment totaled $5.7 million in the last 5 years while the draw from the endowment remained steady at 5.2% of a three year average. The actual amount of the draw is calculated on the 3-year average market value of the endowment. Generous donors created five new scholarships.
Name a Memorial Fund
These funds create a lasting memory of those who were part of the Conservatory community. The funds acknowledge the contribution these members made while at the Conservatory.
- A gift of $5,000 or more will establish a named memorial fund that benefits collegiate or preparatory student as directed by the individual creating the fund.
- These funds are only available in the name of a deceased faculty member, staff member, alumnus/alumna or student.
Scholarship Funds
Each year individuals contribute about $60,000 through modest gifts to the general scholarship fund, all of which is used to offset tuition costs for deserving students. Over 80% of our students receive full or partial scholarships, and in many cases attendance at the Conservatory would not be possible without the generous contributions of supporters like you. Your contribution in any amount is welcome.
Named Scholarships
- Your gift of $25,000 or more will establish a named scholarship for collegiate or preparatory students
- Your gift of $400,000 or more will endow a full tuition scholarship for one collegiate student
- A gift of $155,150 or more will endow a full tuition scholarship for one preparatory student
Collegiate tuition is $28,000 for academic year 2006-07. Preparatory tuition varies from depending on the course of instruction.
Faculty Chair
Create a legacy that has an enormous impact on the future of music. Current endowed faculty chairs include the Isaac Stern Distinguished Chair in Violin, the Frederica von Stade Distinguished Chair in Voice, and the James D. Robertson Chair in Piano. These chairs recognize distinguished faculty members and their extraordinary contributions to Conservatory and the world of music.
Your gift of $1 million or more will name a faculty chair.
Your gift of $2 million or more will name a distinguished faculty chair.
Pooled Income Fund
Participating in the Pooled Income Fund, established in 1983, is one way to make a deferred gift. This is a common fund in which gifts from many donors are combined for investment purposes. You and/or your designated beneficiaries received income for life based on your proportionate share of the fund. You will also receive an immediate income tax deduction when you join the fund, based on the value of the deferred remainder interest that the Conservatory will receive. The Conservatory offers a fund that is invested to achieve balanced growth and income. Because this fund consists of gifts from a number of individuals, you can participate with a minimum contribution of $5,000 in cash or securities.
For more information please call Bess Touma at 415.503.6261 or
eat@sfcm.edu, or June Hom at 415.503.6201 or
jhom@sfcm.edu.