LA JOLLA PLAYHOUSE

Endowment Giving

When you include Theatre and Arts Foundation of San Diego County, DBA: La Jolla Playhouse in your will/trust or as a beneficiary of a retirement plan or life insurance policy, La Jolla Playhouse will invest the funds in the La Jolla Playhouse Endowment with other previous gifts. A team of investment professionals manages the entire endowment. Each year, suppose La Jolla Playhouse receives a distribution of approximately 5% of the value of the fund. If the endowment earns an average of 8%, the additional 3% remains in the fund; thus your original gift to La Jolla Playhouse will increase over time.

The chart on the left illustrates the growth of the annual distributions to La Jolla Playhouse of a $20,000 endowment gift under these assumptions. The 3% net growth in the fund each year means the following year there is a greater amount available to La Jolla Playhouse. Looking at the chart, you can see that in the tenth year the fund has grown to the point where it is able to provide $1,361 to La Jolla Playhouse. Each year it will continue to grow. In year 50 it will be able to provide $3,799 dollars to La Jolla Playhouse.

All told, over the fifty years we have charted, the fund will have distributed a total of $108,367 in annual distributions to La Jolla Playhouse. All that from a single $20,000 gift that has now grown to almost $76,000 and continues to provide needed support. Of course, this is based on the assumptions we outlined in the opening paragraph; that the fund grows at 8% each year and pays out 5% to La Jolla Playhouse, leaving 3% accumulation in the fund each year.

Your original gift is never depleted; it provides annual support each year into the future.

The chart on the right illustrates how a gift of $20,000 to the La Jolla Playhouse Endowment will grow, providing greater annual distributions to La Jolla Playhouse. The illustration assumes the same average investment rate of return of 8%, which is not a guarantee, and annual distribution to La Jolla Playhouse of approximately 5% that we used above.

Click here to return to the planned giving home page.

For more information, contact Michael Rosenberg, Managing Director (858) 550-1070 x116.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Planned Giving section has been developed for La Jolla Playhouse and is owned by Future Focus. Please report any problems to section webmaster.