The New York Philharmonic today announced that it has successfully raised $50 million for a launch fund that will usher in a new era of fiscal stability and support the new leadership team of Jaap van Zweden and Deborah Borda. The Launch Fund was initiated by the Board of Directors, under the leadership of Chairman Oscar S. Schafer, Vice Chairman Peter May, and Development Chair Oscar Tang, with funds committed over the last few months by a small group of donors. The fund will lay the groundwork for a strong launch of Mr. van Zweden’s tenure and secure future for the Philharmonic.


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