Future Home of PBPAC


We are well on our way with the Capital Campaign.

 

 

1717-21 Point Breeze Avenue, Philadelphia, PA 19145-1932    215-755-1014
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Capital Campaign
PBPAC has embarked on a major capital campaign to build a $14 million state-of-the-art performance-art training center and professional-quality theater on Point Breeze Avenue in South Philadelphia to bring the “transformative power” of the arts to a larger audience.

Future Home of Point Breeze
Future Home of Point Breeze

The campaign, which targets corporate donations as well as grass-roots giving, will raise matching dollars toward a $6 million state capital grant plus $2 million for an endowment to help support operations of the new facility. The Center has already raised $1 million toward that goal, through grant monies from the City of Philadelphia that funded pre-development and design phases.

Contributors have the opportunity to support the capital campaign at a wide variety of levels, from securing naming rights to the performing arts center to the "Buy a Brick" program. Other naming rights are available for the 290-seat theater, the lobby/art gallery, dance and ceramic studios, art and music classrooms, administrative suite, the student lounge, even the distinctive, elegant masks, known as barakoa in Swahili, that the Center displays in honor of youth who graduate from its program.

Once PBPAC has raised half of the matching funds, or $3 million, it can begin drawing down the state capital dollars to launch construction of the project. The goal is to have all matching funds raised by the end of 2006, with groundbreaking to occur the same year.

With its capital campaign, Point Breeze Performing Arts Center is looking to the business community, civic leaders, government officials and ordinary citizens to invest in the promise embodied in its philosophy of Arts for Social Change.

Capital Campaign Goals

Funds Required
Brick and Mortar $10,000,000
Development Costs $2,000,000
Endowment $2,000,000
TOTAL $14,000,000

Less Commonwealth of PA - Matching Grant -$6,000,000

CAPITAL CAMPAIGN GOAL $ 8,000,000

Progress Towards Goal
City of Philadelphia $1,000,000
In-Kind Services $500,000
TOTAL RAISED $1,500,000

BALANCE TO BE RAISED $ 6,500,000

 

 

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