KeyBank Announces $50,000 Gift to PACE Campaign
Contact:
Linda Bonomi, PACE, 425.462.0092
Anne Foster, Key, 425.709.4327
BELLEVUE, WA. (Sep 19, 2006) – Key Foundation, a private foundation funded by KeyBank and its affiliates, recently announced a $50,000 gift to the Performing Arts Center Eastside (PACE), demonstrating its commitment to the advancement of the arts on the Eastside.
(L–R) Chuck Lytle, Karen Lytle, Lytle Enterprises; Kemper Freeman, Jr., Kemper Development Co.; KeyBank District President James Peoples, Christa Chambers, Sr.VP, KeyBank Real Estate Capital.
KeyBank District President James Peoples, and Senior Vice President Christa Chambers, presented a check to PACE Co-Chairs of the $100 Million Capital and Endowment Campaign, Chuck and Karen Lytle, Lytle Enterprises, and Kemper Freeman, Jr., Kemper Development Company.
Responding to the needs of a prosperous and growing region east of Lake Washington, the development of PACE will emphasize the importance of the performing arts to Eastside communities, businesses, and residents.
"PACE will attract a diverse audience and be a wonderful addition to the Eastside," said Peoples. "It's especially satisfying to support a new attraction in the city where Key's district headquarters is based."
"We could not be more delighted to accept the generous donation of KeyBank," says Kemper Freeman, Jr., campaign co-chair and founding director for PACE. "The Bank's endorsement of PACE through this donation speaks to the understanding by business of the importance of the arts to the continued growth and development of the Eastside."
Performing Arts Center Eastside is a 2,000-seat premier regional center for the performing arts. Its mission is to enrich cultural life with a wide diversity of live entertainment, arts, and education. PACE will stimulate the arts region-wide; attract new audiences; heighten arts awareness and education; provide a performance home for select area arts organizations; and serve as a cultural center for the Eastside.
PACE plans to open in 2009 and it will be located in downtown Bellevue on the corner of NE 10th Street and 106th Avenue NE. The $100 Million Capital and Endowment Campaign has raised $15M with 100% board participation and the gift of land valued at $8M.