The Dr. Phillips Center for the Performing Arts has received a $1 million gift from an anonymous supporter, through a donor-advised fund at the Community Foundation of Central Florida.
That brings the total raised for the center, expected to open in downtown Orlando in 2014, to $94 million, a spokeswoman said.
“This gift represents the importance of the project to a donor who has a history of engagement in the arts community and a passion for the center,” said Mark Brewer, president and CEO of the Community Foundation of Central Florida. “The Community Foundation is proud to join other philanthropic investors in support of this project.”
The anonymous donor had established a fund with the Community Foundation a number of years ago, and money from the fund has been used to support other Florida organizations.
In a donor-advised fund, the donor recommends beneficiaries for the fund’s assets, but the Community Foundation board of directors has the final say on disbursements.
“We sincerely appreciate the Community Foundation’s gift, and we thank the Foundation for getting our fundraising year off to a strong start,” said Dr. Phillips Center President Kathy Ramsberger.
The Dr. Phillips Center broke ground in June on its first phase, which includes an amplified theater for touring shows and a smaller theater leaders hope will be used by community groups.
Construction totals $201.6 million for phase one, not including another $72 million from private donations for the land and design of both phases.
Arts-center chairman Jim Pugh has said he is confident construction on the second phase of the center, a 1,700-seat theater for ballet and orchestra performances, could get started within 18 months — though it will require raising $60 million more.
The center also needs to raise money for an endowment to support future operating costs.
“We are very grateful to be a recipient of the Community Foundation’s gift,” Pugh said. “This gift has provided additional financial support to our local arts community.”
The Community Foundation of Central Florida, established in 1994, is a public grant-making foundation that manages nearly 400 charitable funds established by individuals, families and corporations. It has more than $50 million in assets, and has awarded cumulative grants of more than $26 million.