AYPO Receives Gift from Bannon Foundation
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Dr. Graham Elliott, AYPO Executive Director, receiving the first installment of the grant from William Bannon, Foundation Trustee
The American Youth Philharmonic Orchestras (AYPO) is grateful to the Bannon Foundation for its generous gift to the AYPO Endowment of $150,000 to increase the amount of financial and and scholarships we are able to offer each year. The money will be received in five annual installments of $30,000 and $5,000 of that money is earmarked for the immediate benefit of students, while the remainder is added to the current endowment funds. Each year AYPO provides financial support and merit scholarships funded by interest from the endowment. The goal is to increase these funds to an invested sum of $1 million to allow many more students to take part in the program of five orchestras and five instrumental ensembles.