Your Gifts Keep Us Going
Ticket sales cover 60% of the costs to put on productions all year. The remainder of our funds comes from generous support from our sponsors, awards from hard-won grants, and from your individual donations to our Annual Operations Fund.
Thank you for supporting the stage today!
Become A Flame: Planned Giving
George Vafiadis, with Lou Collier, founded Penobscot Theatre Company in 1973. By telling stories the community wanted and needed to hear that reflected their lives he drew people to the Bangor Opera House to share the communal experience of theater. In creating relationships with patrons and artists alike, he made the theatre a vital part of the community. Creating connections is what makes theater work.
George had a fire, a flame, that made him a great actor, inspiring leader and strong member of the community. In his honor, we offer those interested in Planned Giving to PTC the opportunity to join The George Vafiadis Society, as A Flame.
Following in George’s footsteps, we are dedicated to maintaining Penobscot Theatre Company as an anchor of the downtown business community, and the region.
Contact Executive Director Jen Shepard, jen@penobscottheatre.org to explore the ways in which you can make a planned gift and become a bright flame for the future of live theatre in Bangor.
Bequest
Transfer of Stock
We are happy to receive your gift of stock or other marketable securities. They can be transferred directly to Penobscot Theatre Company using the following stock transfer document. Because we are a not-for-profit organization, there may be tax benefits with your gift of shares!
Qualified Charitable Distribution from an IRA
Have you reached the time when you must begin to take distributions from your IRA? Did you know that you can make a distribution directly to a charitable organization from your IRA, and it will no longer be considered ordinary taxable income to you? Talk about a win-win! Talk to your tax professional or financial advisor about this efficient and effective method of giving.
Beneficiary Designation
You can name Penobscot Theatre Company as a beneficiary of stocks, property, insurance policies, your IRA, or your 401k. There may even be tax benefits to doing so.
Talk to your financial advisor or account custodian about how to name beneficiaries on your account.
To make a Legacy Gift, please contact Jen Shepard, Managing Director, at jen@penobscottheatre.orgor call (207) 947-6618 ext 102.
We are a registered 501(c)(3) and will be happy to provide you with documentation for your tax records. Donors who give over $100 annually will be listed in our printed playbills.