The Juilliard School in New York City has announced a $20 million gift from board chair Bruce Kovner to fully endow its graduate-level historical performance program, which provides specialized study in informed performance practice of music composed between 1600 and the early nineteenth century.
The gift from Kovner, who recently retired as chairman of Caxton Associates, a $10 billion hedge fund, will make it possible for all students in the program to receive full scholarships. Launched in 2009 with significant support from Kovner, the program integrates period performance throughout the school, including the dance and drama departments.
"This extraordinary gift exemplifies the vision and generosity of spirit that has been the foundation upon which Bruce Kovner has embraced his leadership of the Juilliard School," said Joseph W. Polisi, the school's president. "With a strong financial base, our historical performance program can now look toward the future with confidence that we can create an educational experience of excellence that addresses the best practices of this important field in today's musical environment. All the members of the Juilliard community are deeply grateful to Bruce for his exceptional support of this significant program."