In 2014, we announced the creation of the Kilty Encore Legacy Society at Stoneham Theatre. The society recognizes those individuals who have made a planned gift (a financial gift to the theatre which will come at the end of their life) to leave a supportive legacy so professional theatre in Stoneham can be enjoyed by patrons for many years to come.
The Society has been named in honor of Patricia A. Kilty, dedicated supporter and a Guild founder, whose commitment to Stoneham and the theatre has spanned decades. Pat has indicated that she has remembered the theatre in her estate planning and is proud to share that fact with theatre donors, in hope that her participation will inspire others to make a pledge to support the future of Stoneham Theatre.
KILTY ENCORE LEGACY SOCIETY MEMBERS
AS OF JULY 15, 2015
Patricia A. Kilty
Elizabeth W. McNelis
Note: Please notify the Development Office at 781-587-7900 if you have already made legacy gift plans so we may appropriately recognize you.
A NOTE FROM PATRICIA A. KILTY
PLANNED GIFT OPTIONS
By adding Stoneham Theatre to your will or living trust, you will be providing countless opportunities for future theatre productions to be enjoyed by students, seniors and local residents. Your gift will help sustain us for many seasons to come. Another way you can leave a legacy of support for the theatre is to ask that in lieu of flowers, your friends and family make a gift to Stoneham Theatre in your memory.
By just changing the first, second, or contingent beneficiary of an existing life insurance policy to include Stoneham Theatre, you can support us well into the future. Designating even five or 10% of the proceeds would help us maintain our programming as a cultural destination in Boston’s Metro North. This is a very easy way to make a planned gift to Stoneham Theatre and doesn’t require the services of an attorney.
As another planned gift option, you can purchase a new life insurance policy naming Stoneham Theatre as the owner and beneficiary. You pay a premium to the insurer, and it is tax-deductible, as long as the theatre is the irrevocable owner and beneficiary of the policy. Premium payments may have significant federal income tax deductions of up to 50% of your adjusted gross income, with a five year carry forward of any excess. Favorable gift and tax consequences may also result from such a gift.
For more information about planned giving options, including Charitable Gift Annuities, Remainder Trusts, and Lead Trusts, please contact Joseph Guglielmo, Managing Director at 781-587-7918 or firstname.lastname@example.org.
FOR MORE INFORMATION ON GIVING OPPORTUNITIES