Joffrey Ballet Gets Its First (!) Endowment

“It seems almost inconceivable that although it has been in existence since 1956, the Chicago-based Joffrey Ballet has never had an endowment, concentrating instead on making its operating budget. But a $500,000 challenge grant from the Rudolf Nureyev Dance Foundation, the match for which was exceeded by the company, has resulted in a new $1.5 million endowment for the company.”