September 2007
PACE Receives Three New Gifts
Performing Arts Center Eastside (PACE) recently received three new gifts, bringing the total raised to date to nearly $22 million. In July, Centurion Financial Group (CFG), a privately held real estate lending company, gave a gift of $1 million. According to Chuck Lytle, Campaign Co-Chair for PACE, because of CFG's roots in the city of Bellevue they are "tuned in to the value PACE will add to Bellevue and the Eastside."
In addition to the gift by CFG, the Foster Foundation recently awarded $125,000 to PACE. First founded in 1984 by Evelyn and Albert O. Foster and son Michael Foster, the Foundation was established to support the people and communities of the Pacific Northwest with priorities in the areas of human welfare, education, medical research, treatment and care, and the arts and culture.
PACE also received a gift of $100,000 from Linda Nordstrom, granddaughter of the Nordstrom specialty store founder and founder of Northstream Development Incorporated. Ms. Nordstrom's real estate company has created a series of single-family homes, condominiums, and small retail centers around Puget Sound since its founding in 1979.
"We are proud to add all three of these distinguished names to our growing list of donors," said Chuck Lytle. "They understand that PACE will help create a highly desirable community for people to live and work; one that will attract the best and brightest to our schools, business, and civic life."