From the San Francisco Business Times
A.C.T. is raising the curtain on a $25 million endowment campaign.
When San Francisco's fourth-largest performing arts organization announces its 40th anniversary season, it will also announce a five-year, $25 million campaign to kick off an endowment -- the first in the organization's history. Over 50 percent of the goal has already been pledged, mostly by A.C.T.'s trustees.
Building an endowment is a nod to the future made possible by the organization's successful financial turnaround."