perpetual support for The NAMM Founda- tion’s enduring impact supporting music mak- ing at every level and in every community,” said John Mlynczak, NAMM president and CEO. “This historical achievement is made possible by the generous support of those who came before us, and we will grow this fund to ensure that those who come after us continue to benefit.” “The time is right to establish an endow- ment that will support our vision for the future of the Foundation,” said Julia Rubio, executive director of The NAMM Founda- tion. “We are creating a sustainable financial anchor for the work we are entrusted to do. Margaret Darby’s incredible bequest of $2 million makes an immediate impact and gestures such as hers, ensures that The NAMM Foundation remains a steady pillar for generations to come.” NAMM and The NAMM Foundation said the two entities share a global goal to grow this fund into a fully sustainable endowment to fund programs that give back to the music products industry. {nammfoundation.org}
NAMM Foundation Announces Long-Term Endowment Initiative N AMM and the NAMM Foundation have announced the creation of an initial
The combination of these funds have created The NAMM Foundation’s new board-designated endowment, which is a first step toward long-term stability while making a consistent global impact on the music community at large. “This endowment initiative establishes
endowment of $10 million, made possible by NAMM’s decade of contributions, in- vestment growth, and a transformative $2 million bequest from music advocate Margaret Darby.
20 I MUSIC INC. I FEBRUARY/MARCH 2026
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