Bedford’s Philharmonia Orchestra has launched a three-year campaign to raise £250,000.
The money will top up its current pot of £750,000 to create a £1million endowment fund, which will guarantee the future of its critically-acclaimed 20-year-old residency at Bedford Corn Exchange.
In a joint project, Bedford Borough Council and The Harpur Trust each contributed £125,000, with Arts Council England pledging £2 for every £1 granted, making a contribution of £500,000.
The annual return on the £1 million endowment fund will be used to part-fund the Philharmonia’s residency and local education programme in perpetuity, replacing what had been generated from annual local government funding.
It will also allow the Orchestra to continue bringing the very finest artists to Bedford, which in the recent past have included Vladimir Ashkenazy, Steven Isserlis and Sir Andrew Davis.