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Juilliard Chair Donates $20-Million for Early-Music Study

January 17, 2012

The leader of the Juilliard School’s board has pledged $20-million to the institution to endow its graduate-level program in early music, reports The New York Times.

The gift from Bruce Kovner is unusually large in the area of early-music study “whose practitioners typically struggle to stay a step ahead of poverty,” the Times writes.

Mr. Kovner, a former chairman of hedge fund Caxton Associates, has funded Juilliard’s curriculum in historical performance to the tune of $500,000 to $1-million a year since 2009 and in 2006 gave the school a priceless collection of music manuscripts.