Charles Simonyi Fund for Arts and Sciences Announces $1 million gift to New York's Metropolitan Opera.SEATTLE -- The effort to "Save the Met Broadcasts" is $1 million closer to its funding goals because of this week's gift from the Charles Simonyi (person) Charles Simonyi - Microsoft programmer, most famously responsible for Hungarian Notation. Simonyi was born in Budapest in 1948, and for more than a decade was senior programmer at Microsoft in Redmond. Fund for Arts and Sciences. "Our beloved tradition of live opera from The Met is in serious peril The designated contingency, risk, or hazard against which an insured seeks to protect himself or herself when purchasing a policy of insurance. Among the various types of perils for which insurance coverage is available are fire, theft, illness, and death. PERIL. ," said Beverly Sills Noun 1. Beverly Sills - United States operatic soprano (born in 1929) Belle Miriam Silverman, Sills , Chairman of the Board of New York's Metropolitan Opera. "This generous gift from The Simonyi Fund is deeply encouraging and I give my personal thanks as well as the appreciation of everyone at The Metropolitan Opera and the gratitude Gratitude agrimony traditional symbol for gratitude. [Flower Symbolism: Flora Symbolica, 172] Androcles because he had once extracted a thorn from its paw, the lion refrained from attacking Androcles in the arena. [Rom. Lit. of millions of devoted listeners, current and future." The Simonyi Fund's gift is part of an international campaign by the Metropolitan Opera to secure the future funding of these broadcasts. With the conclusion of the 2003-2004 season, the tradition of corporate underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. ended. "The live Saturday afternoon broadcasts of the Metropolitan Opera are the first opportunity most children have to hear live opera," said the Simonyi Fund's Executive Director Susan Hutchison. "It is important that we build these future audiences as well as continue to bring these broadcasts to millions of opera lovers around the world. We are delighted to be able to participate in this wonderful cause. "In addition," added Hutchison, "this gift is in perfect concert with our theme of providing access to excellence. We are delighted to be part of the Met's exciting future." Funded solely by Simonyi, the Charles Simonyi Fund for Arts and Sciences was launched in early 2004 with an initial endowment A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution. of $50 million. Current plans are to distribute more than 10% each year over the next 10 years. |
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