From 2001 to 2011, the orchestra's music director was Paavo Järvi. The orchestra made a number of recordings for the Telarc label during Järvi's tenure. In January 2007, the orchestra reported financial difficulties, projecting a monetary deficit of about US$2 million for the current fiscal year. In 2009, those difficulties, in addition to the purchase of Telarc by the Concord Music Group, led to the termination of the orchestra's recording contract. In late 2009, Cincinnati arts patron and philanthropist Louise Nippert announced a gift of $85 million (USD) for the orchestra. The orchestra was scheduled to receive directly about $3 million each year (around 75% of its annual distribution). 12% and 5% was allocated to the Cincinnati Opera and Ballet companies, respectively, with the intent of maintaining the Cincinnati Symphony as the resident orchestra for those organisations.