Jerome L. Greene Foundation Provides Relief for Juilliard Students with $7 Million Gift

The Juilliard School recently announced that it was the recipient of a generous $7 million gift from the Jerome L. Greene Foundation, allowing it to expand the school's Jerome L. Greene Fellowship for dance, music, and drama by adding 15 new fellowships to the program. These fellowships were established in the 1985-86 season and are one of the largest individual scholarship programs at Juilliard. The new gift from the Greene Foundation now enables the school to provide up to 50 scholarships each year.

In the past year alone, Juilliard has been the beneficiary of a number of substantial donations, from the historic $60 million gift from Bruce and Suzie Kovner for a fellowship program for classical music students, to the $10 million endowment created by a $5 million challenge grant from the Kovners and matched by John A. and Carole Moran and the Harold and Mimi Steinberg Charitable Trust. All told, it's been a pretty good year for Juilliard and its prospective student body in all disciplines.

This new $7 million gift comes at the behest of the Green Foundation's President and CEO Christina McInerney, daughter of the former president, Dawn Greene, and stepdaughter of founder Jerome Greene. McInerney has said that she is trying to forge a new direction for the foundation and veer away from some of the institutional naming opportunities that were her mother’s vision and a way of acknowledging the legacy of her late husband.

"We have enough names now," says McInerney. Her new vision for the foundation going forward is the support of more "cutting-edge" programming. But that doesn't mean that grants for education, medicine, and the arts which the foundation is known for will be discontinued. There's certainly room to maintain the giving that foundation has become known for, as this new gift shows.

At the time of the announcement, Juilliard President Dr. Joseph W. Polisi was quoted as saying, "The generosity of the Foundation and the leadership demonstrated by Christina McInerney in continuing to support the exceptional young artists who study at Juilliard each year is overwhelming. We are deeply grateful to the Foundation for this milestone gift that will allow new generations of actors, dancers, and musicians to become leaders in the performing arts in the twenty-first century.”

Since 1985, the Jerome L. Greene Foundation has given more than $25 million to Juilliard, and because Jerome Greene was a member of Juilliard's board of trustees from 1985 until his death in 1999, that support shows no sign of abating.

As McInerney stated, "They really need more money to give students."

This gift should go a long way toward that objective.