Panida Century Fund gets strong support in second week

The Panida Century Fund has gathered $8,105 in the past week, concluding just the second week of its campaign to raise funds for restoration of the historic theater.

And that amount, when matched by a huge pledge from Ting Internet, doubles to $16,210 raised this week – money that will go to the urgent first-year need to replace the theater roof, said board member and fundraising chair, Foster Cline.

“This is the magic of the Ting match,” said Cline. “I think donors can see when they contribute, their donation gets doubled. What a great way to contribute to the Panida’s future.”

But, he noted, there’s a long way yet to go. With this week’s donations, a total $183,985.77 has been raised toward the goal.

The Century Fund has a five-year total goal to raise $1.9 million to address long-deferred maintenance leading up to the Panida’s 100th anniversary in November 2027. The focus and goal in this first, “Phase I” year is the $273K figure, the bulk of which will be used to replace the theater roof, which is experiencing leaks that could damage the historic interior plaster.

The campaign has gotten a huge boost from Ting Internet, which has pledged to match individual donations of $5,000 and under, for a total of $200,000 over the five-year campaign. “Again, our profound thanks to Ting,” said Cline, adding a special thanks to Kari Saccomanno, Ting’s area manager, who facilitated the company commitment.

“I hope we can keep this wonderful momentum going this next week,” said Cline. “For all who are considering a donation, of any amount, this is the right time to contribute. And it will get doubled!”

Donate, and see the detailed plans for the campaign including how funds will be spent, at www.panida.org.