Bloomington's Professional Theater Company

Bloomington's Professional Theater Company

Administration & Cardinal Box Office

900 S Walnut St
Bloomington, IN 47401
(812)336-9300 Box Office
(812)336-7110 Admin

General Inquiries

Endowment Fund

THEATRE FOR ALL. THEATRE FOREVER.

Ensure a lifetime of world-class theatre, locally crafted right here in Bloomington, Indiana by helping Cardinal launch and sustain the Cardinal Stage Endowment Fund.

Your leadership gift is the first and most important step we’ll take towards introducing new generations of Bloomingtonians to the joys of live theatre. Your contribution will live on in perpetuity, guaranteeing the highest-quality theatre for all, forever.

Why an endowment?

The Cardinal Stage Endowment Fund is an investment in the longterm growth and sustainability of our mission. The endowment will yield an annual distribution to Cardinal Stage (about 4% of the total fund balance), providing a reliable source of annual unrestricted income, alongside other sources such as ticket sales, sponsorships, grants and donations.

Should I give to the Endowment Fund in lieu of my regular annual contribution this year?

Please don’t! Annual operating support from our regular donors is essential to Cardinal’s success. If you are a current donor to Cardinal Stage, we thank you for your support and encourage you to continue contributing at a level that’s comfortable for you. However, we hope you’ll consider an additional leadership gift this season to help us establish this important new fund for the future.

Where will the endowment be held?

The endowment will be held in perpetual trust at the Community Foundation of Bloomington and Monroe County.

Why now?

Thanks to a generous grant from the Lilly Endowment to the Community Foundation, Cardinal Stage is eligible to receive $30,000 in additional matching funds for the establishment of the Cardinal Stage Endowment Fund. In order to receive these matching funds, Cardinal must raise $60,000 in new endowment gifts by January 31, 2020 (Note: Multi-year pledges do not count towards the match. However, you can make a gift in 2019 and again in January 2020 to count toward the match.)

How can I make a contribution to the Endowment Fund?

Cash gifts.

  • Online. Through the Community Foundation website
  • Check. Make check out to “Community Foundation of Bloomington and Monroe County” or “CFBMC”, include “Cardinal Stage Endowment” in the memo line, and return or mail check to:

Cardinal Stage
ATTN: Gabe Gloden
900 S Walnut St
Bloomington, IN 47401

IRA charitable rollovers (or qualified charitable distribution). Distributions from an IRA account should be made out to “Community Foundation of Bloomington and Monroe County” or “CFBMC”, include “Cardinal Stage Endowment” in the memo line, and mail directly to the Community Foundation:

CFBMC
100 S. College Avenue, Suite 240
Bloomington, IN 47404

Other contributions, including Gifts of Appreciated Stock and Gift Annuities. For more information and instructions, contact Gabe Gloden at gabe@cardinalstage.org or 812.336.7110.

Most contributions to the Cardinal Stage Endowment Fund are tax deductible. Please consult your tax advisor regarding specific tax benefits you may receive from your contribution.

 

Questions or For More Information

Gabe Gloden | gabe@cardinalstage.org | 812.336.7110

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