The Philharmonic-Symphony Society of New York (New York Philharmonic) is an independent non-profit foundation based in New York, NY. Established in 1842, the mission of the foundation is to support, maintain, and operate an internationally symphony orchestra in New York, to maintain and foster an interest in and enjoyment of music, to encourage the composition of symphonic music and to instill in its community. The assets of the foundation are managed by the board of directors.The Philharmonic-Symphony Society of New York's investment portfolio is valued at over $219.66 million, with investments in domestic and international equity, private equity, and cash.