'Muny' Receives $20 Million Pledge From JSM Charitable Trust

'Muny' Receives $20 Million Pledge From JSM Charitable Trust

The Municipal Theater Association of St. Louis ("the Muny") has announced a $20 million pledge from the JSM Charitable Trust.

Made as part of the Second Century Capital Campaign, the gift will support major capital improvements at America's oldest and largest outdoor theater, including a complete rebuild of the Muny stage; support, maintenance, and upkeep of its aging 11.5-acre campus; and the organization's endowment, which provides support for a variety of education and outreach programs.

"There's music and magic on that stage, but behind the scenes are dated technologies and a crumbling infrastructure that hold it all together," said James S. McDonnell III, a trustee of the JSM Charitable Trust and an honorary chair of the campaign. "This is our chance to give a gift of great value to generations and secure the future of this civic institution for years to come."

"As one of the lead supporters of this campaign, James and Elizabeth McDonnell, through the JSM Charitable Trust, have once again set the tone for philanthropy in the St. Louis community, and we are incredibly humbled and grateful to be on the receiving end of their generosity," said Muny president and CEO Denny Reagan. "This gift helps secure a thriving future for the Muny and the generations of St. Louisans we will continue to serve."

"Muny Announces $20 Million Pledge for Second Century Capital Campaign." Municipal Theater Association of St. Louis Press Release 08/22/2018.