San Francisco Ballet Endowment Foundation
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 San Francisco Ballet Association. It seeks to provide SF 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 2018, the transfer provided approximately eight 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 Endowment Foundation assets, and thus the growth of the annual transfer, results from three primary factors: strong investment returns, the receipt of bequests and planned gifts, and the overwhelming success of two endowment fundraising campaigns. SF Ballet is grateful to the thousands of patrons who have supported its endowment.