Legacy
His will included gifts to hospitals, museums and other charitable causes but the vast majority of his estate was designated for the advancement of music in the United States. In 1924, his funds were used by the Trustees to establish the Juilliard Graduate School to assist excelling students with an advanced music education. In 1926, the school was merged with the New York Institute of Musical Art, a music academy established in 1905 by Dr. Frank Damrosch (godson of Franz Liszt) dedicated to providing a teaching level equaling that of the European conservatories.
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Famous quotes containing the word legacy:
“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)