New York Philharmonic Receives Historic $40M Donation, Names Gustavo Dudamel As Future Music Director

The New York Philharmonic received a $40 million donation from Oscar Tang and Agnes Hsu-Tang, the largest gift in its history.
The donation will fund the music director chair starting in 2025 when Gustavo Dudamel takes over as music director.
The gift will allow the Philharmonic to expand its programs and reimagine itself for the 21st century.
The Philharmonic has seen a revival recently, stabilizing finances and completing renovations.
Tang and Hsu-Tang are prominent arts philanthropists who have donated to the Met Museum and supported racial justice.