ROCKFORD – The Rockford Symphony Orchestra has received a $720,000 gift, its largest-ever single endowment.
The Rockford Register Star reported the money comes from the estate of James V. Lathers, who lived in Rockford through high school. The aircraft engineer died last year in California. The orchestra announced the bequest Friday.
Orchestra Executive Director Julie McDonough said the organization is “surprised and overwhelmed with gratitude.”
Officials said most of the money will become part of the symphony’s endowment fund and invested to provide ongoing revenue.
The Rockford Symphony Orchestra foundation fund will total $1.9 million, including Lathers’ gift.