To realize our mission and vision, the Ann Arbor Sumer Festival is embarking on an endowment-building program to help ensure the long-term sustainability and continued impact of the festival. The campaign is called Forever Summer, and these funds will directly support Top of the Park activities in perpetuity. Our goal is to raise at least a half a million dollars to seed an endowment, forming the keystone to a reliable funding source to stimulate and sustain our innovative outdoor programs for generations to come.
As an added incentive, thanks to a generous challenge gift from an anonymous donor, contributions to the new endowment campaign will be matched 2:1, up to $50,000, through 2019. This challenge is sure to have a transformative impact on the festival, and we are grateful for this opportunity.
This restricted permanent endowment provides continuity of purpose and supports existing and new initiatives, creates and sustains new resources for the festival, and stabilizes funding for the organization.
Rainy Day Fund
This unrestricted quasi-endowment provides flexibility to meet ever-changing, sometimes unexpected needs and seed funds to explore emerging opportunities. This fund will grow primarily through investment, unrestricted bequests, and annual operating surpluses.
Ways to Give
Outright gift of cash, stock or appreciated securities
- Bequest in your will or provision in your living trust
- Designation in your IRA or qualified retirement plan
- Gift of a new or existing life insurance policy
- Provision of a beneficial interest in a charitable remainder trust
For more information or to discuss a gift, please contact us at (734) 994-5999.
All contributions made to the Ann Arbor Summer Festival’s endowment campaign shall be deposited in an interest-bearing account until the minimum threshold for establishing the Endowment Fund has been reached. Once that threshold has been met, a trust officer or investment advisor will be responsible for the day-to-day oversight of the fund in accordance with the festival’s investment policy and under the supervision of the festival’s board of trustees.
Those who make outright gifts of $1,000 or more for endowment, or inform the festival in writing of estate gifts, will be permanently recognized as members of the festival’s Legacy Circle.
Because of the complexity of estate law, please consult your tax advisor or legal consultant for specific questions relating to charitable contributions.