However, the company has received a gift from John Fry of Fry's Electronics and has promptly appointed him chair of a board reorganized into a two-tier structure, with the lower tier expected to extend staff activities:
BALLET SAN JOSE RECEIVES $1 MILLION GIFT FROM FRY'S ELECTRONICS
JOHN FRY NAMED CHAIR OF NEWLY ORGANIZED BOARD OF TRUSTEES
(San Jose, CA) On March 4th, 2004, Ballet San Jose Silicon Valley received a $1 million gift from Fry's Electronics of San Jose. It is the largest single gift to Ballet San Jose Silicon Valley. John C. Fry (owner of Fry's Electronics) has been a major financial supporter of the company for several years. Recently he has worked with the Board of Trustees to find ways to improve the company's financial stability. <a href=http://forum.criticaldance.com/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=13;t=001892 target=_blank>more in the Company Press Releases forum</a>
Word on the street has it that some reductions are expected next season.
<small>[ 05 March 2004, 12:14 AM: Message edited by: Azlan ]</small>