ArtsQuest Board Orientation 2020

ArtsQuest Foundation Board of Directors
• Founded in 2002
• $1,000,000 endowment from Marlene
“Linny” Fowler for the Banana Factory
and ArtsQuest
• Foundation used a vehicle for financing
• Required by the New Market Tax
Credit Process
• The repository for funds established by
the ArtsQuest Board of Trustees
• Investment policies are set by
Foundation Board of Trustees
• Primary fundraiser for endowment, major
gifts and planned giving
ENDOWMENTS INCLUDE:
• Musikfest and Performing Arts Fund
• Visual Arts Fund
• Educations and Scholarships Fund
• Legacy Fund
Jane George, MPA,
Executive Director of the
ArtsQuest Foundation
– Staff Liaison, ArtsQuest
Foundation Board
of Directors
The ArtsQuest Foundation Board’s role is the
development of endowment support to sustain
ArtsQuest. The primary goal for the
Foundation is to carry out a plan for the long
term growth of the Foundation which will
include resource needs (human,
information technology, materials) and tools
such as Planned Giving.
WE BELIEVE –
• Sharing cultures and bringing all people
of the community together makes the
fabric of the community stronger and
more resilient
• Partnerships are important to serve the
community needs
• The arts inspire creativity and pride in
the community
ENSURE PROGRAMS AND VISIONS
CONTINUE TO BE REALITY TO THE
MEMBERS OF THE LEHIGH VALLEY
COMMUNITY BY:
• Making a bequest in your will
• Establishing a trust that provides
a present or future contribution
to ArtsQuest
• Making an irrevocable contribution to a
life-income arrangement such as a
charitable trust or charitable gift annuity
• Naming ArtsQuest as a beneficiary of a
life insurance policy or of proceeds
remaining in a retirement plan
• Donating a future interest in your
residence or vacation home
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