The San Francisco Ballet Endowment Foundation was established in 1980 as a separate nonprofit public benefit corporation for the purpose of holding and managing endowment funds for the benefit of the San Francisco Ballet Association. It seeks to provide the Ballet with a reliable source of support while protecting its investments against inflation and wide swings in the capital markets.
Each year, a transfer from the Endowment Foundation provides support for a variety of SF Ballet needs, including the creation of new works, touring, financial aid for SF Ballet School students, and community education and outreach programs. The annual operating transfer from the Endowment Foundation is an increasingly important source of funding for SF Ballet. In Fiscal Year 2012, the transfer provided approximately $4.6 million, or ten percent of SF Ballet's core operating budget. It is now the third largest source of revenue for SF Ballet after ticket sales and contributions.
The growth of the Endowment Foundation assets, and thus the growth of the annual transfer, result from three primary factors: strong investment returns, the receipt of bequests and planned gifts, and the overwhelming success of two endowment fund-raising campaigns. SF Ballet is grateful to the thousands of patrons who have supported its endowment.
For information on supporting the Endowment Foundation, contact Thomas W. Flynn, director of development, at 415.865.6615 or email@example.com
View a list of endowment funds that have been created by donors contributing $25,000 or more (as of October 31, 2012).
View a copy of the FY2012 Endowment Foundation Overview
View the SF Ballet's consolidated financial statements of the Association and Endowment Foundation for Fiscal Year 2012.
SAN FRANCISCO BALLET ENDOWMENT FOUNDATION
BOARD OF DIRECTORS
James D. Marver, President
John S. Osterweis, President Emeritus
Hank J. Holland, Vice President
Thomas E. Horn, Treasurer
Richard C. Barker
Susan S. Briggs
J. Stuart Francis
George B. James II
Robert M. Smelick