WARREN, Ohio (WKBN) – After losing its tax exempt status in 2012, the Packard Music Hall Foundation will join another organization that specializes in philanthropic leadership for other institutions.
With a unanimous vote from the board, the Packard Music Hall Foundation officially joined the Trumbull County Community Foundation. The decision makes the PMH Foundation one of several non-profits under the guidance of the Trumbull County Community Foundation.
“We’ve done that as an attempt to have our donor’s money invested so that we can have a continual revenue stream and also have a support structure,” said PMH Vice President Jim Fogarty.
By joining the Trumbull County Community Foundation, the PMH Foundation can continue to bring a variety of entertainment to Warren.
“It is going to give time to really focus on what our mission is and that is reaching people of the community,” said Cherie Celedonia, PMH Foundation board member. “I’m excited because it means I will be able to focus more time on maybe children’s events and classes, things like that.”
Fogarty said donors can still make tax-deductible contributions to the PMH Foundation.
“We hope in time, the money we have raised and that we continue to raise will be able to grow with what the Community Foundation does,” said Fogarty. “That is the eventual goal is to be able to bring some really great shows to support the Music Hall and support the city of Warren.”