Planned Giving

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Planned Giving

Welcome! Philanthropy has played and continues to play a vital role in the success of the Paramount Arts Center. A crucial philanthropic goal is to adequately endow the PAC. Endowments ensure the growth of this cultural arts center and the continuation of the finest performing arts and the preservation of the historic landmark in accordance with the highest professional standards.

Endowments also ensure the future of the Paramount’s education programs. Each program is designed to make the performing arts an exciting, compelling and relevant part of the lives of children throughout our Tri-State region. Our programs are inspired by the belief that unleashing the imagination through the arts is crucial to the development of both mind and soul.

As stewards of this community’s vision, we carry the obligation to protect, in perpetuity, the Paramount Arts Center’s legacy. Together we can sustain this vital resource by creating a perpetual source of funding to ensure the brilliant light of the Paramount Arts Center burns on for generations to come.

You may be considering naming the Paramount Arts Center as a charitable beneficiary in your estate plan. If you are contemplating a bequest to the Paramount Arts Center, which would not be designated to endowment, we hope that you will notify the Paramount of your plans so that we may have the opportunity to thank you and recognize your generosity.

PAC Endowment Fund

Donate to this endowment fund if you wish to make a gift in perpetuity to the Paramount from which only income from investment may be used to support any of the theatre’s programming or operational needs.

Program Endowment Fund

If you have a passion for the Paramount’s programming and arts education for our region’s youth, you may designate your contribution to this endowment fund which enables the theatre to continue to offer the highest quality arts and educational programs, including those such as Arts Academy, community theatre, orchestra, dance and culturally diverse performances that do not always generate sufficient ticket sales to be self-sustaining.

Preservation Endowment Fund*

You may consider a contribution to this endowment fund if you wish your gift to be designated for the sole purpose of preserving the 80 year old historic theatre for future generations to enjoy.

Rising Star Endowment Fund*

This endowment fund is designed to give the Paramount flexibility to address needs and opportunities that may arise that are consistent with the theatre’s mission but are not
covered by the other funds. All testamentary bequests or gifts made in memorial will be placed in this fund unless otherwise designated by the donor.

*Under limited circumstances, the Paramount reserves the right to utilize a limited portion of the principal.

Kathy Timmons-Setterman Education Fund

Donations to the fund are for the sole purpose of providing ongoing and ever-growing arts education opportunities to the children in our community.

Named Fund Opportunities

Donors may establish a “named fund” that would serve as a separate fund of the Paramount endowment and could be designated for specific projects as outlined by the donor.

Gift Types

Cash, Appreciated Securities (stock or mutual funds) or other negotiable instruments. Property other than marketable securities may require special handling.