PhilOrch Endowment Drive Stuck In Neutral

18 months ago, the Philadelphia Orchestra’s ambitious $125m endowment drive was ahead of schedule, nearing the finish line, and renewing hope that the orchestra could find a sustainable long-term economic model. But less than $5m has been brought in since, and the campaign appears to have stalled a half-mile short of the finish line. Still, the health of the existing endowment has been improving steadily.