CHARLOTTETOWN, PE – October 16, 2023 – The PEI Symphony Orchestra (PEISO) and String Music Atlantic (SMA) have established the PEISO’s first endowment fund. With an initial donation of $25,000 by SMA, the new PEI Symphony Orchestra Endowment Fund is designed to support the Orchestra’s core activities, while providing opportunities for young musicians to learn.
“This new fund represents an invaluable commitment to the future of live orchestral music here on the Island,” said David Sharpe, PEISO Board President. “By fostering the next generation of talented musicians and ensuring the continuity of our orchestra’s vital work, we are creating a legacy that will resonate for decades.”
After more than 40 years of promoting string playingin Atlantic Canada, String Music Atlantic is winding down its not-for-profit operations. The SMA gift will be designated as the “SMA Fund,” a subset of the PEI Symphony Orchestra Endowment Fund, with a focus on providing financial support to young string players in PEI.
“For many years, SMA has supported string students and string music education within the Atlantic Provinces,” said Ian Mann, SMA Board Member and Treasurer. “Establishing this endowment fund through the PEI Symphony Orchestra is our way of ensuring that Island string students will grow to become valued musicians or audience members of the PEISO.”
All donations to the PEI Symphony Orchestra Endowment Fund will be eligible for up to dollar for dollar matching from Canadian Heritage. “In the spirit of giving, PEISO invites the community to help build a secure, sustainable future for the Orchestra’s operations,” adds Sharpe. “We welcome donations at all levels, and through our Endowment Fund, donors now have the opportunity to create a permanent legacy.”
The Prince Edward Island Symphony Orchestra (PEISO) is one of PEI’s most respected performing arts organizations, providing Islanders with vibrant live orchestral experiences including classical, cross-genres, family and chamber-music concerts. Currently entering its 56th season, the PEISO is a proud member of the community and enriches the region through dynamic performances, comprehensive educational activities and impactful community relationships.
Ryan Drew or Laura Ono
PEI Symphony Orchestra