Cleveland Orchestra to get $50M grant from Mandel Foundation
The Cleveland Orchestra will receive a $50 million grant from the Jack, Joseph and Morton Mandel Foundation, the largest gift in the history of the 103-year-old music organization
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The Cleveland Orchestra will receive a $50 million grant from the Jack, Joseph and Morton Mandel Foundation, the largest gift in the history of the 103-year-old music organization.
The orchestra said Thursday that $31.5 million will be dedicated to its endowment, the orchestra's financial foundation and supporting an opera and humanities festival.
Severance Hall, the orchestra's home since 1931 and named after John L. Severance, will be renamed the Severance Music Center. The orchestra's performance space will be named the Jack, Joseph and Morton Mandel Concert Hall. The center also includes Reinberger Chamber Hall.
The gift is the largest in the history of the 68-year-old Mandel Foundation.
“The musicians and audiences will feel the benefits of the Mandel Foundation’s gift almost immediately, starting with the upgrades to the building which will allow us to continue capturing video for our digital offerings,” music director Franz Welser-Möst said in a statement.
Brothers Jack N. Mandel, Joseph C. Mandel and Morton L. Mandel purchaed an auto parts business from their uncle, Jacob Mandel, in 1940 and formed Premier Automotive Supply Co., later Premier Industrial Corp.