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Fund's third week adds $4,320

| November 12, 2022 1:00 AM

The Panida Century Fund received individual donations totaling $2,160 in the past week, inching the fund towards its first-year goal to undertake restoration needs for the historic theater.

But that amount, when matched by the matching pledge from Ting Internet, doubles to $4,320 raised this week — “definitely a significant number for which we can shout out 'thank you!' to these donors,” said Panida Board Chair Jim Healey.

With this week's donations, a total of $188,305.77 has been raised toward the Century Fund's first-year goal of

$273,100.

The first-year “Phase I” funds will go to replace the main theater roof, which is experiencing some leaking in certain places, thereby causing damage to the historic plaster inside, Healey said.

The Century Fund has a five-year goal broken out in annual phases, to raise a total $1.9 million to address long-deferred maintenance needs leading up to the Panida’s 100th anniversary in November 2027.

The campaign has gotten a huge boost from Ting Internet, which has pledged to match individual donations of $5,000 and under, up to a total of $200,000. One of the goals of the matching campaign from Ting is to encourage as many small donors as possible to invest in the future of the Panida. “One dollar becomes two dollars, five dollars become ten dollars, and so on. It all adds up, and everyone gets to participate in the celebration of Panida’s 100th anniversary,” observed Healey.

“We are closing in on the Panida’s Phase 1 goal,” noted Healey. “But we have a good ways to go. For all who are weighing whether or when to donate – now is a perfect time. And Ting will match it!”

To donate, or see detailed plans for the campaign itemizing expenses, go online to panida.org.