Liverpool’s historic Astor Theatre is launching a new endowment fund to help put it on firmer financial footing.
About 100 people turned out to the theatre on Tuesday evening for the announcement from the Astor Theatre Society.
The Astor Theatre Endowment Fund is separate from the theatre’s annual fundraising campaign. It’s a longer-term investment fund that would accept larger legacy donations from corporations or people’s estates.
Once the fund is built up to a certain point, the Astor could then use interest from the investments to cover yearly operational expenses.
The fund will be managed by Mark Sapp at Scotia McLeod in Bridgewater.
