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$700 Thousand for the DSO
by Jerome Weeks 2 Jul 2012

It’s the biggest single gift from the Texas Instruments Foundation.

CTA TBD

It’s the biggest single gift the Dallas Symphony has received from the Texas Instruments Foundation.  Add it to the Texas Instruments’ corporate gift of $300, and collectively TI and TIF have given the symphony $1 million.

Here’s the release:

Dallas Symphony Orchestra Announces

$700,000 gift from the Texas Instruments Foundation

DSO support reaches $1 million milestone for contributions

from TI and the TI Foundation in 2012

Dallas, TX (July 2, 2012) – The Dallas Symphony Orchestra (DSO) announced today a gift of $700,000 from the Texas Instruments (TI) Foundation, its largest ever to the DSO.  The foundation’s historic gift will support the DSO’s operations to continue the high level of artistic excellence achieved in recent years.

“On behalf of the Dallas Symphony, we are deeply appreciative of the TI Foundation for this generous and significant gift,” said Blaine L. Nelson, chairman of the DSO board of governors. “Its support over many years has enabled the DSO to reach remarkable milestones and change people’s lives in North Texas, and this increase in funding shows TI Foundation’s steadfast commitment to the arts in our community. The partnership between the TI Foundation and the DSO is one of the most productive and enduring in DSO history, and for that we are profoundly grateful. We look forward to continue to work together to make the Dallas community a better place to live, work and thrive.”

“We believe the DSO serves as a cornerstone of excellence for the arts in Dallas,” said Sam Self, chairman of the TI Foundation board of directors. “We invest to sustain the important cultural assets that make North Texas a great and attractive place to live and work.  Our region’s future economic growth depends in large part on the quality of life here, and our community has so much to gain from this wonderful orchestra’s enriching performances and education programs.  We’re proud to increase our investment in the future of the DSO and the arts in Dallas this year.”

The grant comes as the Texas Instruments Foundation makes a commitment of more than $1.5 million to 12 different arts and culture organizations in North Texas. (link to related news release here)

The TI Foundation gift also helped the DSO achieve a new milestone for giving.  Combined with a $300,000 TI corporate contribution for 2012, the total from both the corporation and TI Foundation reached $1 million.

The partnership between the company and the Dallas Symphony dates back more than 60 years. The company has been title sponsor of the DSO’s Texas Instruments Classical Series for 12 consecutive years, and will return as title sponsor in the 2012-2013 season.  TI Co-founder Eugene McDermott, for whom the Morton H. Meyerson Symphony Center’s McDermott Concert Hall was named, was also an ardent supporter of the Dallas Symphony and set the stage for on-going TI support, including continuous leadership on the DSO board of governors.

“This is a time of great need for Dallas arts organizations — their health and artistic excellence depend a great deal on Dallas corporations, foundations and individuals stepping up their funding,” said Joe Hubach, TI senior vice president and general counsel and a member of the DSO executive board.  “I’m very proud of the $1 million cumulative commitment that TI and the TI Foundation have made to the DSO because of what it says about the role we take in the Dallas community. We hope it inspires other corporations and foundations to join us in supporting the DSO.”

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