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Lehman Brothers Named Principal Corporate Sponsor of Juilliard's Centennial By CHRISTOPHER J. MOSSEY
Lehman Brothers, Inc., the global investment bank, has contributed $1 million to The Juilliard School in support of key initiatives for its 100th-anniversary celebrations, becoming the principal corporate sponsor of the Juilliard centennial season in 2005-06. The gift will help fund tours by the Juilliard Orchestra, the Juilliard Jazz Orchestra, the Juilliard Dance Ensemble and the Group 35 Actors, as well as other centennial-related programs. It is the largest contribution from a corporation in the history of The Juilliard School.
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| (Left to right) President Joseph W. Polisi, Richard S. Fuld Jr., and Chairman Bruce Kovner at the centennial press conference on October 12 in the Juilliard Theater. (Photo by Peter Schaaf) |
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In acknowledging Lehman Brothers' generous gift from the stage of the Juilliard Theater at a press briefing on October 12, Juilliard Chairman Bruce Kovner said: "I speak for the entire Juilliard family—students, faculty, and trustees—in saying how pleased we are to welcome Lehman Brothers and its family of companies as our partner in celebrating 100 years of excellence in performing arts education. From Juilliard's earliest days, its history has been linked with Lehman Brothers; we are indeed grateful to have this new and important tie between two leaders in their respective fields." Mr. Kovner alluded to an important historical connection between Juilliard and Lehman Brothers. It was funding from partner James Loeb at Kuhn Loeb and Co.—later to merge with Lehman Brothers—that financed Juilliard's founding in 1905 by then head of music for New York City's public schools, Frank Damrosch.Richard S. Fuld Jr., the chairman and C.E.O. of Lehman Brothers, said: "From its very beginning, Juilliard has set the standard for promoting excellence in the arts and for preparing the very best young talent to become the next generation of the world's leading artists. Lehman Brothers is proud to be supporting and partnering with Juilliard in its centennial year."
Mr. Kovner recognized Bradley Jack, in the Office of the Chairman at Lehman Brothers and a Juilliard trustee, and Francine S. Kittredge, managing director of Lehman, for their efforts in the firm's historic partnership with Juilliard. Lehman Brothers serves the financial needs of corporations, governments and municipalities, institutional clients, and high-net-worth individuals around the world. Founded in 1850, the firm is headquartered in New York, London, and Tokyo and operates in a network of offices around the world. The Juilliard School gratefully recognizes Lehman Brothers and its family of companies for its generosity.
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