The New York Philharmonic has a sparkling home: the recently renovated David Geffen Hall at Lincoln Center. It has a charismatic new conductor: the superstar maestro Gustavo Dudamel, who will take the podium in 2026.
And now it will start its next chapter with a groundbreaking gift: the Philharmonic announced on Tuesday that it had secured a $40 million donation from the financier Oscar L. Tang, a co-chairman of its board, and his wife, Agnes Hsu‐Tang, an archaeologist and art historian, the largest contribution to the endowment in the ensemble’s 181-year history.
The donation will be used to endow the Philharmonic’s music and artistic director chair starting in the 2025-26 season, when Dudamel, the 42-year-old leader of the Los Angeles Philharmonic, becomes music director designate.
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