Named after the generous magician in William Shakespeare's The Tempest, The Prospero Society recognizes those who have provided for Texas Shakespeare Festival Foundation in their estate plans. Bequests, charitable trusts, and other planned gifts allow donors to provide future gifts from their estate to support the Festival without impacting their current financial situation.

 

Endowments are designed to provide an organization with long-term financial stability. Texas Shakespeare Festival has been providing outstanding performances and educational opportunities to East Texas since 1986. Building a healthy endowment will ensure the continuation of this cultural legacy. 

 

How do I include Texas Shakespeare Festival Foundation in my will or living trust?

The most common way is with a charitable bequest. Generally, there is no need to rewrite your estate documents. You can simply add a codicil (amendment) to your will or living trust to designates a gift amount (or percent of your estate, or real or personal property). Your bequest is entirely under your control during your life and becomes irrevocable only at death. Your estate planning professional can assist you with the wording, but one thing you will need to have is the tax identification number for the Texas Shakespeare Festival Foundation: 75-2560413.

 

What Happens Next?

If you have remembered TSF in your estate plan, let us know and you’ll become a member of the TSF Prospero Society. 

 

For more information, please contact:

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Matthew Simpson, Associate Artistic Director & Director of Development

msimpson@texasshakespeare.com         (903) 983-8610