Class of 1961 Legacy
 
   
The American Tradition
in Performance

Updated November 26, 2018

Legacy Fund Donation Form



 

Class of 1961 Robert Frost Statue Class of 1961 Legacy:  
The American Tradition in Performance
Hop50 logo
   
   

First event of the 2017-18 year is the John Prine Concert.

To make a gift to the Legacy fund, click on Gift Form or copy and paste:
http://www.dartmouth.org/classes/61/Legacy_Fund_Donation_Form.pdf




HOPKINS CENTER FOR THE ARTS
hopkins.center@dartmouth.edu
603.646.2422 p • 603.646.3911 f


September 24, 2018


Dartmouth Class of 1961
c/o Ivar A Jozus
30 Myrtle Road
Portland, CT 06480-1623


Dear Ivar,


Thank you  to all the members of the: Class of 1961 for the recent contributions to support the Legacy Fund. We will inform the next of kin of the gifts the class has made in memory of members who have passed in the last year. We are honored to be the recipient of these tributes.


The Class of 1961's continued commitment to the arts at Dartmouth means so much to all of us at the Hop. Once again, thank you.

Warm regards,

Mary Lou Aleskie
Howard
L. Gilman '44 Director


hop.dartmouth.edu
6041 Lower Level Wilson Hall Dartmouth College Hanover, NH 03755

November 5, 2018

Dartmouth Class of 1961
c/o Ivar A Jozus
30 Myrtle Road
Portland, CT 06480-1623

Dear Ivar,

The Class of 1961's gift to establish an endowment fund to support the Hopkins Center in perpetuity was an important investment in the arts at Dartmouth. The income from the Legacy Fund makes it possible for us to bring exceptional performers representing American artistic traditions to Hanover. I am pleased to provide this update and the enclosed financial report for the fund for the last fiscal year.

Last season the Class of 1961 Legacy Fund supported the performances of John Prine, the Jazz at Lincoln Center Orchestra with Wynton Marsalis, and Grammy-winning jazz singer Gregory Porter. This was Prine's first engagement at the Hop and the appearance of the famed singer/songwriter drew a sold-out crowd of devoted fans from throughout the Upper Valley and beyond. One Prine fan was moved to tears by the show.

The Jazz at Lincoln Center Orchestra hosted an open rehearsal for Dartmouth students and high school jazz band members before their concert. After the open rehearsal, one Dartmouth student commented on his experience:


"Wynton's breadth of knowledge is incredible. The patience he takes with students despite his success is incredible, and has solidified my utmost respect for him both as a musician and a person. Playing trumpet with him and hearing him lecture about music gave me completely new perspectives about the way I will interpret and approach my own music in the future."

Gregory Porter's smooth baritone delighted audience members who commented after his show that it was "so amazing," and that they "love his voice." Playbills for each performances are enclosed.

As the Hopkins Center prepares to embark on an ambitious campaign to transform our spaces and programs for 21st-century art making and presentation, we remain truly grateful to the donors whose endowment gifts provide an essential bedrock of support for our work. Your fund helps us bring our students and community together around great art. Thank you!


Warm regards,


Sherry L. Fore
Donor Relations Officer

 

Class of 1961 Legacy: The American Tradition in Performance - Endowment Fund
Endowed Fund Report


VALUE AS OF:

6/30/2017

6/30/2018

HISTORIC BOOK VALUE:

$872,668.93

$876,666.93

MARKET VALUE:

$1,242,435.96

$1,330,716.37

DISTRIBUTION FOR PROGRAM:

$46,579.39

$47,576.96

Book Value
The book value is the actual capital invested in Dartmouth's "Total Return Pool" prior to earning any investment return. This capital consists of the original donation plus any other additions to the fund.
Market Value
The market value is the total of the book value plus accumulated net investment earnings (reduced by cumulative distributions for program support) valued as of a certain date. This value is calculated monthly and is based on the total number of shares owned by the fund in the investment pool, multiplied by the most current value per share. Income to support endowed programs is determined by a spending formula approved annually by the College's Board of Trustees. This formula reduces the year-to-year volatility in the amount distributed, creating a smoother spending pattern over a period of years.
During the fiscal year that ended June 30, 2018, individual funds invested in Dartmouth's endowment portfolio experienced an investment return of 12.2%, resulting in an increased market value for the period.
Over the longer term, Dartmouth's endowment has generated an average annualized return of 7.6% for the ten years ended June 30, 2018, outperforming the 5.8% average annualized return of the MSCI All Country World Index and the 5.5% return of a general 60 percent global equity/40 percent bond benchmark over the same period


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