PEOPLE
giving back
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mcadams family gives big To The foundation for the performing arts
T
he Foundation for the Performing Arts Center has received a $450,000 commitment to its Encore endowment campaign. The generous legacy gift comes from longtime Foundation supporter, and member Brendan “Ben” McAdams and his wife Kathryn “Pat” McAdams of San Luis Obispo. Ben McAdams chairs the campaign which will secure permanent community access to the arts.
Foundation Executive Director, Heather Cochrane, said, “The McAdams’ recent gift comes after two decades of continued support for the Foundation. They are founders and part of the visionary group that brought the Center to life. Ben and Pat are truly champions for access to the arts in San Luis Obispo.” The Foundation for the Performing Arts Center is the private sector source of funding for the Center. Each year hundreds of generous individuals and local businesses make contributions to the Foundation to keep the Performing Arts Center thriving, well-equipped, and affordable for local arts groups and the tens of thousands of patrons who enjoy performances each year. Commenting on the family’s nearly half-million dollar legacy contribution McAdams noted, “The PAC reaches more lives and touches more people in our community than any other venue. We want to give back to that very community that has provided us with lifelong opportunities. By making a legacy gift to the Foundation, we can help ensure a future of great art experiences for generations to come.”
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Foundation Board President, Clifton Swanson added, “Ben and Pat were amongst the earliest supporters and promoters of the Performing Arts Center. Ben’s enthusiasm, for which he is noted, continues to this day as he chairs the Encore campaign. Their most recent significant gift has brought us ever closer to our goal.”
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The Foundation for the Performing Arts Center was established in 1986 to support its partners, the City of San Luis Obispo and Cal Poly State University, by raising private funds for the construction and operation of the Performing Arts Center San Luis Obispo, which opened its doors in 1996.
The Encore endowment campaign will expand the Foundation’s current endowment to over $5 million by raising $2.5 million in cash gifts, and $1.25 million in deferred gifts by September 30, 2015. For more information on the Foundation or the Encore endowment campaign, visit www.fpacslo.org/encore, or call 805-541-5401.
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