Texas Instruments Inc., the Texas Instruments Foundation and the Dallas Symphony Orchestra have united, once again, to create the “Texas Instrument Challenge,” a partnership designed to ensure the orchestra’s sustainability.
The Texas Instruments Foundation, founded in 1964, is a nonprofit organization that gives to educational and charitable groups, primarily in the communities where Texas Instruments operates. Texas Instruments and the Dallas Symphony have fostered an ongoing partnership for over 60 years. Texas Instruments is the title sponsor of the Symphony’s Texas Instruments Classical Series for the 14th consecutive year, and the corporation and Foundation have contributed $1 million for the 2013-14 season.
The Texas Instrument Challenge challenges the Symphony to raise one new $1 million gift and an additional $1 million in new or increased contributions. Once this has been accomplished, Texas Instruments and its foundation will provide $1 million for the 2014-15 season, resulting in total contributions of $3 million. The challenge will be repeated in 2015-16. If the initiative is successful, the symphony will have raised $6 million over two years.
“We have taken this extraordinary step to inspire every business and corporation in our region, large and small, to more fully support the vital community asset that is the Dallas Symphony Orchestra,” said Joseph F. Hubach, a senior vice president, secretary and general counsel at Texas Instruments who was recently appointed board chairman of the Symphony. “We hope this initiative will encourage contributions today, help sustain this great orchestra long term.”
Symphony president and CEO Jonathan Martin thanked not only Texas Instruments and the Foundation, but,“all of Dallas’ corporate and philanthropic communities, which sustain and transform our organization and galvanize our performers.”
The Dallas Symphony performs over 150 public concerts each year (including the Texas Instumentants Classical Series), and reaches more than 220,000 adults and children through performances, educational programs and community outreach initiatives.
To learn more about Texas Instruments and the philanthropic work of its Foundation, visit TI.com.