Support the SSO

Since 1999, the Sudbury Symphony Orchestra Association Arts Endowment Fund, established with the Ontario Arts Foundation, has provided annual income to support the SSO’s programs and operations.

Endowment gifts are invested for the long term. The capital is managed to support growth and preserve its value over time, while generating an annual stream of income for the organization. Each gift helps build a lasting source of support for the SSO, strengthening its foundation today and for generations to come.

Since 1991, the Ontario Arts Foundation, an independent public foundation, has managed endowment funds to support the arts in Ontario. The Foundation works closely with arts organizations to attract endowment gifts, ensure those gifts can be matched through government programs and effectively administer their gifts, now and in years to come.

The Foundation benefits patrons and artists with its proven knowledge
of both arts philanthropy and financial management in ensuring cost effective gift safekeeping and administration.

When a fund is created with the Ontario Arts Foundation, the Foundation assumes responsibility for investing the fund. The Board of Directors establishes an investment strategy for arts organizations and ensures the funds are invested wisely with leading Canadian investment managers. As capital grows over time, annual income payouts increase proportionately. Consistent, positive returns allow the Foundation to make sustained income distributions in a range of 3 to 5 %. Five year investment returns are 11%.

All funds are pooled for investment purposes and managed by:

Burgundy Asset Management (equity, fixed income)

Turtle Creek Asset Management (equity)

Gluskin, Sheff Asset Management (alternative/fixed income)