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Big Donors Help Indy Symphony Toward Fundraising Goal

The Indianapolis Symphony Orchestra is nearing the halfway point of its $5 million fundraising campaign. Today, a couple of Indianapolis sports team owners pledged their support.

Part of an agreement between the Indianapolis Symphony Orchestra and its musicians union made earlier this year stipulates that $5 million in new donations must be collected in order for the contract to begin. The deadline for those funds being raised is February 3rd of next year.

ISO Spokeswoman Jessica Di Santo Tuesday announced a major donation to the campaign.

“Indianapolis Colts owner Jim Irsay and Indiana Pacers owner Herb Simon have stepped up rather significantly at $1.5 million together,” she says.

Di Santo says those donations will create momentum towards the $5-million, but only through public support will the goal be met.

“It really is a rallying cry, as Mr. Irsay said today, for the fan base of the ISO, and we’re feeling it, but we’re still not there yet, so we’re calling on the community to make their pledges now,” she says.

In a statement, Simon called the ISO an Indianapolis institution that needs to be preserved.

ISO musicians were locked out of symphony for several weeks this fall after contract negotiations broke down. Once $5 million is raised, the symphony will be able to fund 52 weeks of performances, up from the 38 weeks this season.

However, musician pay will be cut by a third for the first year of the contract.

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