While there’s no time like the present, Market House Theatre also is concerned for the future needs of the theatre.
That’s why we promote the options of endowment giving and planned giving. Both ways of giving can have a significant impact on MHT. But which one is best for you? We can’t answer that question for you (consult your tax advisor), but we can explain the ways you can give!
What is an Endowment?
An endowment is a special account that Market House Theatre has set aside for the future needs of the theatre. Our endowment funds consists of a few revenue streams, including cash gifts designated as endowment funds given by donors, planned gifts that are pledged to MHT’s endowment fund, and gifts from the Fred and Peggy Paxton Endowment Fund that are given as matches through our participation in the annual Fred Paxton Challenge for Charities.
We do have an urgent matter.
One of our biggest community supporters has pledged to match 90–100% of new endowment gifts annually, up to $50,000 a year through the year 2034. We are grateful for this level of generosity and it is our prerogative to meet the full $50,000 match each year! Your endowment gift now impacts Market House Theatre’s operations in the future and leverages an additional $50,000 of matching support.
What is a planned gift?
A planned gift is simply one that you plan by including Market House Theatre as a benefactor after you’ve left this physical world. A planned gift can be unrestricted, allowing Market House Theatre to use those funds wherever they are most needed, or restricted, meaning you have the final say in how your gift is used. Even if you are compelled to support a very specific facet of Market House Theatre (ie, youth education and outreach, productions, properties, etc.), it’s important to consult Market House Theatre about you wishes beforehand, so that there is assurance that the MHT can comply with the restriction.
We recommend that you consult your tax advisor, who will give you advice on what is best for your situation and your intentions, and what the financial benefits are to you. And then let us know your intentions! A gift to the endowment today or a planned gift to our endowment will leverage matching support, so it’s vital that we know about your plans. There is no minimum gift level required, but there are a number of ways to give.
Ways to Give
Charitable contributions are critical to our mission of providing performing arts opportunities to residents of all ages and making the performing arts accessible to all. Your thoughtfully made gift to Market House Theatre can meet an urgent need right now or well into the future. Here are some ideas to consider with your attorney and/or your professional advisor.