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- EIN 94-2747262
- (415) 861-5600
- 455 Franklin St San Francisco CA 94102-4438 USA
- http://www.sfballet.org/donate/endowment_foundation
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Nonprofit Overview
Causes: Arts & Culture, Management & Technical Assistance
Mission: The san francisco ballet endowment foundation was established in 1980 and in 1981 made its first distribution to the san francisco ballet association (the association), a california nonprofit public benefit corporation. Since then, strong investment returns and contributions, primarily from estates and from donors have grown (continued on schedule o, statement 1)
Programs: The san francisco ballet endowment foundation (the foundation) is responsible for management and oversight-holding of endowment funds for the benefit of san francisco ballet association. The ballet has a policy of appropriating for distribution each year up to a maximum of 5% of its endowment funds' average fair value over the prior twelve quarters years as of june 30, preceding the fiscal year in which the distribution is planned. Typically, the distribution supports new san francisco ballet works and productions, the ballet's orchestra and music, artistic innovation, touring, dance education, scholarships, and the san francisco ballet school. Depending upon market conditions and the needs and available resources of the association, appropriations for expenditure from individual endowments may be temporarily suspended to facilitate preservation of the endowment.