Organization
OSF is a non-profit corporation managed under US and Oregon law by a 32-member Board of Directors nominated and elected for eight-year terms. OSF is supported in part by corporate and individual donors through annual non-voting memberships at various levels, planned giving, or direct support of specific plays. In 2006, the endowment had a net worth in excess of US$30 million that returns about US$1.2 million to support the operating budget of about US$24 million per year. It is managed by seven trustees who are selected for five-year terms by the Board of Directors.
Read more about this topic: Oregon Shakespeare Festival
Famous quotes containing the word organization:
“Your organization is not a praying institution. It’s a fighting institution. It’s an educational institution right along industrial lines. Pray for the dead and fight like hell for the living!”
—Mother Jones (1830–1930)
“The only thing that’s been a worse flop than the organization of non-violence has been the organization of violence.”
—Joan Baez (b. 1941)
“The village had institutionalized all human functions in forms of low intensity.... Participation was high and organization was low. This is the formula for stability.”
—Marshall McLuhan (1911–1980)