Interest income from a $1,000,000 endowment (conservatively estimated at 5% annual interest) would provide a subsidy whereby we could offer more competitive guaranteed performance fees with some protection from losses. The interest income from the endowment would allow us to absorb unexpected losses, under-performing ticket sales or offer a more competitive guaranteed fee in order to attract the level of artists the public has come to expect at the Rialto.
Escalating artist fees, production expenses and marketing costs will continue to make it more challenging to be successful at the box office. The major endowment can provide an important foundation, for many years to come, in our efforts to bring the finest entertainment events to the Rialto.
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One of our most generous donors , the Wadsworth Family, has stepped forward with a Challenge Grant for us to help us attain our mutual $1 Million goal. Once we raise the next $200,000 dollars for the Major Endowment Fund, we will be rewarded with a generous donation of $50,000!
But wait, There’s more! Once we reach $950,000, they will donate an additional $50,000 to bring us to the TOP!
So please donate today, and make your donation go even farther! No donation is too small, every dollar helps!
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The Rialto remains a cultural treasure which contributes to the quality of life for residents of so many local communities. But what about tomorrow? You can help insure that the glorious
tradition of the Rialto continues for years to come. Please consider how you can make a difference The majestic Rialto Square Theatre is your theatre. It is your children’s theatre and a cultural institution that must be preserved for generations to come.
Make your mark in history by supporting the Rialto Square Theatre today. Contact Mary Beth Clausen, Director of Development for more information on the Major Endowment Fund. 815.726.7171, ext. 206.
Rialto Square Theatre
15 E. Van Buren St.
Joliet, IL 60432
Attn: Mary Beth Clausen, Director of Development
Call the Rialto Square Theatre Development Department at: 815-726-7171 x206 for personal assistance.