St. Mary's Bank Donates $25,000 to Palace Theatre
St. Mary's Bank recent $25,000 donation to The Palace Theatre will provide support for two separate initiatives. $10,000 will be applied toward the theatre's Second Century Campaign designed to fund its capital improvements. The funds will be used for much needed theatre improvements and safety upgrades. The balance of St. Mary's gift, $15,000, will help fund "Angel Tickets" for the Palace Theatre's school matinee program for the next three years.
"The Palace Theatre is grateful for the generosity of St. Mary's Bank, a consistent, long-time supporter of the Palace Theatre. St. Mary's Bank's commitment assists the Palace Theatre Trust in maintaining a community-oriented center for the exploration and presentation of theatre, music, and dance," stated Peter Ramsey, Palace Theatre President.
"We are pleased to support efforts to preserve one of Manchester's true historical artistic jewels for future generations of theater-goers," said Ronald H. Covey, Jr., St. Mary's Bank President and CEO. "Our support of the Angel Ticket program also will provide many young people with their first exposure to live theater, and has the potential to mark the beginning of a lifelong appreciation of the arts."
A dedication ceremony was held on May 1, 2014 and a plaque commemorating St. Mary's Bank's donation was attached to the right alcove of the theatre.