Edward W. Bok：The Americanization of Edward Bok, Additional Excerpt 634

The offer from the "anonymous donor," presented by the president, was accepted by the Orchestra Association. A subscription to an endowment fund was shortly afterward begun; and the amount had been brought to eight hundred thousand dollars when the Great War interrupted any further additions. In the autumn of 1919, however, a city-wide campaign for an addition of one million dollars to the endowment fund was launched. The amount was not only secured, but over-subscribed. Thus, instead of a guarantee fund, contributed by thirteen hundred subscribers, with the necessity for annual collection, an endowment fund of one million eight hundred thousand dollars, contributed by fourteen thousand subscribers, has been secured; and the Philadelphia Orchestra has been promoted from a privately maintained organization to a public institution in which fourteen thousand residents of Philadelphia feel a proprietary interest. It has become in fact, as well as in name, "our orchestra."

Source： https://www.gutenberg.org/ebooks/3538
Locator：Additional excerpt 634 · Verified：2026-10-19 · Verification：Short excerpt

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