Chillicothe Town Theatre
chillicothetowntheatre.com

FUNDS DISTRIBUTION PLAN

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Optimist Club Plan to Distribute Town Theatre Profits

 

          The Chillicothe Optimist Club has announced the following plan to distribute the net profits from its operation of the Town Theatre on an annual basis:

1.                 No later than the third Saturday in March of each year effective 2011 the Chillicothe Optimist Club will distribute its net profits to pre-qualified charitable, not-for-profit and tax supported entities for programs designed to exclusively benefit youth.

2.                 The distribution to each pre-qualified youth organization shall be based upon the number of movie ticket stubs turned in by each organization at the Kids Count Night to be scheduled after February 1 and no later than the third Saturday in March of each year effective 2011.

3.                 Pre-qualification to be eligible to receive a percentage of the profits of the Optimist Club’s operation of the Town Theatre is necessary to ensure that only not-for-profit programs designed to exclusively benefit youth are funded.

4.                 Pre-qualification will require the completion of an application available at www.chillicothetowntheatre.com or at the Town Theatre during normal business hours and the receipt by the Town Theatre staff of that properly completed application no later than February 1st of each year effective 2011. 

 

For further information contact: Michael T. Mahoney or Irvin Latta

Michael T. Mahoney                         Irvin Latta

Attorney at Law                                Latta Realty

1011 N. 2nd St., P.O. Box 295          226 N. Fourth St., Suite D

Chillicothe, IL  61523                       Chillicothe, IL  61523

274-5451                                          274-3164

 

                                      Michael T. Mahoney, President

                                      Chillicothe Optimist Club

owned and operated by the Chillicothe Optimist Club

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