Community Corner
How You Can Help Strengthen the Beverly Arts Center
A quick hit post that rundowns what you need to know today.
Mayor Rahm Emanuel and assorted dignitaries traveled to Beverly last month to announce a new debt forgiveness plan for the Beverly Arts Center that will lower the large amount the neighborhood institution owes on its mortgage.
The agreement with Fifth Third bank allows for the bank to forgive four dollars for every one dollar raised by the community, capped at $500,000. In real terms, that means if the fundraising efforts raises $500,000 the bank will forgive $2 million of debt.
Read: Beverly Arts Center to Unveil Debt Forgiveness and Fundraising Plan
That only works if the community steps up to help and there are plenty of opportunities for you to do so. The BAC is too important to let slip away. Here's how you can help:
- Donate directly to the BAC Challenge fundraising effort and help stabilize the center for generations to come.
- Become a Member. Membership offers a variety of perks including discounts on classes and movie tickets and special notice of popular programs.
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