Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Cygnet Theatre and NTC Foundation Announce New $5 Million Endowment and $3 Million Gift for The Joan and Irwin Jacobs Performing Arts Center


News provided by

NTC Foundation and Cygnet Theatre

Dec 03, 2024, 12:00 ET

Share this article

Share toX

Share this article

Share toX

The Joan and Irwin Jacobs Performing Arts Center
The Joan and Irwin Jacobs Performing Arts Center

Cygnet Theatre’s Permanent, State-of-the-Art Home is Slated to Open Late Summer 2025

SAN DIEGO, Dec. 3, 2024 /PRNewswire-PRWeb/ -- Cygnet Theatre and NTC Foundation are thrilled to announce two generous, transformative gifts to their joint project, The Joan and Irwin Jacobs Performing Arts Center.  A $5 million endowment from the Joseph W. Clayes III Charitable Trust and a $3 million gift from Irwin Jacobs that brings the Jacobs’ total contribution to $10 million will support the development of San Diego’s newest performing arts center. Lovingly nicknamed The Joan, the state-of-the-art venue is slated to open in late Summer 2025 at ARTS DISTRICT Liberty Station. 

The Joan – the result of a unique nonprofit partnership between Cygnet and NTC Foundation – is an adaptive reuse project renovating and restoring historic Naval Building 178. Upon completion, it will be a world-class theatre and the only free standing live performance space at ARTS DISTRICT Liberty Station. The Joan will feature the Joseph W. Clayes III Theatre –  a 280+-seat proscenium theatre – as well as a 150-seat flexible studio space,  state-of-the-art back-of-house facilities, acoustic elements and more –  all allowing Cygnet to elevate their highly-anticipated productions and serve more San Diegans than ever before.  

"Thanks to these generous contributions, The Joan and Cygnet Theatre are poised for a strong and sustainable future"

Post this

The $5 million endowment will support the venue’s ongoing operations by providing long-term support for Cygnet Theatre and The Joan, ensuring the financial stability of these key cultural institutions in San Diego. The endowment will help cover ongoing expenses and ensure the iconic company, and its new, permanent home, continue to thrive. 

“As Trustees of the Joseph Clayes III Charitable Trust, my co-trustee Brendan Holmes and I have made decisions based on the mission of the Trust and organizations that my uncle would have had a connection. My uncle completed his naval training at the Naval Training Center and also had a strong connection with the performing arts,” said Trulette M. Clayes, Co-Trustee and niece of Joseph Clayes III. “ When I was traveling through Liberty Station and noticed the signage on The Joan and Irwin Jacobs Performing Arts Center, I thought that this was the perfect blend of my uncle’s history and his love of the arts. We are honored to become a part of the Cygnet Theatre family and the Naval Training Center.” 

In addition to this endowment, Irwin Jacobs recently contributed an additional $3 million donation to The Joan, which is nicknamed in honor of his late wife, Joan Jacobs. This donation furthers Joan Jacobs’ significant philanthropic legacy in San Diego and brings Cygnet and NTC Foundation closer to their $43.5 million fundraising goal. 

“Joan and I were thrilled when we learned of plans to convert Naval Building 178 into a spectacular theater for use by Cygnet and many others,” said Irwin Jacobs. “Given the unexpected costs in restoring historic buildings, I am pleased to provide this additional gift to help ensure completion on schedule. My family looks forward to attending the first performance at The Joan.” 

"Thanks to these generous contributions, The Joan and Cygnet Theatre are poised for a strong and sustainable future," said Bill Schmidt, co-founder and Executive Director of Cygnet Theatre. "This is an incredible moment for both organizations, allowing us to continue enriching the community with powerful artistic programming."

With the Jacobs’ newest contribution, the project has now achieved 86% percent of its $43.5 million fundraising goal. While the Clayes endowment does not reduce the remaining $5.9 million needed, it ensures long-term, financial stability and support for The Joan and Cygnet Theatre by providing $1 million annually over five years. The first distribution of funds will be received in December 2024, with subsequent disbursements each December through 2028. The funds, held by Cygnet Theatre but dedicated specifically to the ongoing support of The Joan, will help cover operational costs. Both contributions are imperative for bringing The Joan to life and preserving it as a cornerstone of artistic and cultural programming in San Diego.

“This gift and endowment represents an unwavering commitment to the arts in San Diego, helping us maintain a vibrant cultural hub,” said Lisa Johnson, NTC Foundation President and CEO. “The generosity of the Joseph Clayes III Charitable Trust and Irwin Jacobs will allow us to enrich our community through art and equip us to meet future challenges with resilience and creativity.”

Since its groundbreaking in January 2024, The Joan has received incredible community support, helping to realize the building’s momentous transformation. Cygnet Theatre and NTC Foundation are relying on continued philanthropic support to fulfill the remainder of the needed funds. They invite the public to take advantage of tax-deductible opportunities and become a part of this landmark project before year-end. Together, this support can ensure The Joan reaches the fundraising goal by its official opening date, bringing world-class performances to the San Diego community for years to come.

Donations can be made via www.building178.org, by contacting Campaign Manager Mindy DeDominicis at 619-574-0059 x178 and all donations checks should be made payable to Building 178 Performing Arts Center and mailed to Bank of Southern California 1620 5th Avenue, Suite 120 San Diego, CA 92101. Naming opportunities are still available and Donor Wall inclusions are available for a minimum donation of $25,000.

For more information about The Joan, please visit www.building178.org.

About Cygnet Theatre:
Cygnet Theatre, founded in 2002, is a leading San Diego performing arts institution known for its close personal connection with its patrons and high-quality contemporary programming. Cygnet attracts a diverse audience of theatre lovers and has won more than 130 awards for theatre excellence. Cygnet's engagement programs provide theatre access to under-served communities including students, military families, as well as professional opportunities to college students and emerging artists.

About NTC Foundation:
NTC Foundation was established in 2000 as a 501(c)(3) non-profit, to renovate 26 historic buildings at the former Naval Training Center into a significant destination for art, culture and creativity. Now the largest historic preservation and cultural project in San Diego county, ARTS DISTRICT Liberty Station is a unique location filled with nearly 145 galleries, museums, artists, music groups, dance companies, makers, creators and distinctive dining experiences.

About the Joseph Clayes III Charitable Trust:
The Trust supports the performing arts, museums and other cultural venues and supports physically and mentally challenged young people in San Diego County, Orange County and the Coachella Valley. Former gifts include Cal State Fullerton’s Performing Arts Center, the Joseph Clayes III Gallery at the Athenaeum Music and Arts Library in La Jolla, the Great Room at the Ronald McDonald House San Diego, the Training Room at Canine Companions of San Diego, the Joseph Clayes III Exhibition Wing at The Palm Springs Art Museum and Rady Children Hospital Research for Neuro-Oncology and Genomics as well as the Center for Emotional Healing. 

Media Contact

Kelsey Buller, [email protected]

SOURCE NTC Foundation and Cygnet Theatre

Modal title

The Joan - a new world-class performing arts center - is slated to open late Summer 2025
The Joan - a new world-class performing arts center - is slated to open late Summer 2025
The Joan - a new world-class performing arts center - is slated to open late Summer 2025

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.