The late Heinrich Medicus, a philanthropist and a professor at the Rensselaer Polytechnic Institute in nearby Troy, NY, bequeathed the money specifically for the orchestra's endowment. "The symphony will also be the beneficiary of half of the undesignated residuals from Medicus' estate, including property and his art collection, part of which is up for sale this weekend at the Stair Galleries auction house in Hudson."
Article source here:Arts Journal
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