Brady Sullivan announces $78K donation to Palace Theatre

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Arthur Sullivan, left, co-owner of Brady Sullivan Properties, with Peter E. Ramsey, President and CEO of the Palace (courtesy photo).

MANCHESTER, N.H. – Brady Sullivan Properties have announced that it will be pledging $78,750 toward the Palace Theatre Trust’s program with the Community Development Finance Authority (CDFA), helping to redesign the theatre’s entrance.

This incoming funding will help bring a new system of energy efficient doors and state-of-the art mechanisms for maximum accessibility.

The competitive grant program from the CDFA matches viable nonprofits with conscientious local businesses to foster community and economic development projects and programs in New Hampshire. CDFA gives a 75% state tax credit for donations that may be applied to the New Hampshire business profit tax, business enterprise tax and/or the insurance premium tax.

“On behalf of the Palace’s Trustees and the thousands of patrons we serve annually, I deeply appreciate the support we received from Brady Sullivan, which assisted us in completing this important project, said Peter E. Ramsey, President and CEO of the Palace Theatre Trust ”Together, we are making Manchester a better place to live, work and raise families, by making the arts more accessible to all.”

Listed on the National Register of Historic Places, the Palace Theatre is a nonprofit performing arts center that opened on April 9, 1915.

More information about the Palace Theatre is available at www.palacetheatre.org.