The "Stiftung Zukunft Gewandhaus zu Leipzig" (Leipzig Gewandhaus Foundation for the Future) is intended to make the financing of the cultural venue more viable for the future. In an interview with the German Press Agency, Gewandhaus director Andreas Schulz said that his house is increasingly facing major challenges. Audiences are changing, as is the job market and the demands on the house's concerts.
"Perhaps we will no longer be able to generate the usual income in the future, which we urgently need as a city-owned enterprise," said Schulz. The foundation should help out. Its establishment is to be announced at a concert on Friday (May 24). Alongside funds from the city, the so-called Circle of Friends and the "Sponsors Club", the foundation set up by six private individuals will therefore be a further pillar of the Gewandhaus' financial architecture.
"We are very satisfied with the financial resources that the city of Leipzig provides us with as the sponsor of our institution," emphasized Schulz. The money can be managed well. "However, additional projects - such as big names in the repertoire or certain touring and music education projects - regularly present us with financial challenges." This would only be possible with additional support.