The Power of an Endowed Gift to the Kravis Center for the Performing Arts

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An endowment gift to the Kravis Center for the Performing Arts today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the Kravis Center. The remaining funds are reinvested to ensure indefinite support.

Please let us know if you have included the Kravis Center for the Performing Arts in your Estate Plan so we may honor you with membership in the Helen K. Persson Society, unless you wish to remain anonymous.

An Example of How It Works

Happy family Longtime supporters Susan and Charlie have two goals: First, they want to make sure the Kravis Center continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.

Susan and Charlie make a $25,000 donation to the Kravis Center, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie get a federal income tax charitable deduction on their taxes because they made a lump-sum gift.

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Next Steps

  1. Seek the advice of your financial or legal advisor.
  2. If you include the Kravis Center in your plans, please use our legal name and federal tax ID.
    Legal Name: The Raymond F. Kravis Center for the Performing Arts, Inc.
    Address: West Palm Beach, FL
    Federal Tax ID Number: #59-2245054
  3. Complete and return the Letter of Intent so that we may properly acknowledge you as a member of the Helen K. Persson Society.
  4. Contact Margaret May Damen, CFP®, CLU®, ChFC®, CAP® at 561.651.4230 or endowment@kravis.org to discuss endowed gifts.