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Save the Music Foundation looks to expand its school education support by going independent

  • Paramount Global is ending its financial support for the Save the Music Foundation, which promotes music education in public schools, as announced on Wednesday.
  • In response, Save the Music is starting a $10 million endowment fund to sustain its mission as a fully independent nonprofit.
  • Currently, nearly $4 million of the $10 million endowment is funded, with 95% of its budget coming from non-Paramount sources.
  • Save the Music has helped millions of students at over 2,800 schools excel academically and creatively through music education, according to a Paramount spokesperson.
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