The Annual Fund is the school’s annual giving program, supported by generous Peabody alumni, parents, students, and friends. Gifts to the Annual Fund are unrestricted in purpose and support Peabody’s core needs such as general student scholarship, innovations in teaching and learning, and Peabody’s performance and teaching facilities. These gifts are referred to as “annual” or “current use” because they are solicited annually and spent in their entirety during the same fiscal year in which they are received (July 1 – June 30).
Below are some examples of expenses that occur every year at Peabody to illustrate what it takes to run such an institution. Your gifts help to supply the tools and spaces necessary for our students to cultivate their talents.
Opera set building and installation… $15,000
Furnishing one dorm room… $2,000
Travel for a student to attend a competition… $1,000
Scholarship for Children’s Chorus… $750
Repair a cracked violin… $500
Score & parts for one orchestral work… $250
Tune one piano… $100
Conducting score of a Beethoven symphony… $50
One music stand… $35
Set of strings for jazz bass… $25