Make a Donation
At the heart of the Museum’s fundraising efforts is the Annual Fund. This fund provides for the most basic needs of the institution and supplies funds to maintain Museum facilities, execute programming, and sustain the excellent staff for which the Museum is respected and known.
Your donation to the Montgomery Museum of Fine Arts’ Annual Fund is fully tax-deductible, supports a wide range of exceptional exhibitions, complemented by outstanding educational outreach programs such as the Art in the Afternoon Program for at-risk youth. These formative exhibitions and programs are made possible by your generous support.
Gifts of Stock
Gifts of appreciated securities, such as stocks and mutual funds, are excellent ways to support the Montgomery Museum of Fine Arts. Such gifts are simple and may provide a greater tax benefit than an equivalent gift in cash.
You may be able to double your donation to the Montgomery Museum of Fine Arts. Many employers sponsor matching gift programs to match charitable contributions made by their employees. Gifts from retirees and spouses may also qualify for a match.
Securing our future by building the endowment is now the Montgomery Museum of Fine Arts’ most significant challenge, as well as its greatest opportunity. We invite you to play an essential role in our future growth with an investment in the Museum.
Your gift to our endowment will:
- Support innovative and meaningful exhibitions
- Continue to elevate the quality of the Museum’s permanent collection
- Underwrite current expenses for education programs that directly contribute to our mission
- Provide a legacy of long-term financial security which enables us to accomplish our mission and support our ongoing operations
The Museum welcomes your donation in support of the expansion of the permanent collection through restricted gifts to the endowment for art purchase. The Director, curators, and Acquisitions Committee Members keep abreast of the art market. Your gifts for the purpose of acquiring art for the Museum will help them take timely advantage of unique opportunities.
Donate a Work of Art
The Museum collection has developed since 1930 largely as a result of generous donors. Donations of art related to the Museum’s specific collecting areas—American art, Old Master Prints, etc.—are processed through the Museum’s Curatorial Offices. Please contact the Museum at 334.625.4333, and ask to speak to the Senior Curator. You may also send an email of inquiry to the Curator of Art.
Memorials and Tributes
You may make contributions in honor or in memory of friends and family members. All memorial and tribute gifts are held in the Museum’s endowment to sustain the future of the Montgomery Museum of Fine Arts. An elegant gift card will be sent to the person you designate.
Planned Giving is a wonderful way to be able to meet the financial needs of your family, minimize taxes, and provide crucial support to the Montgomery Museum of Fine Arts. Benefits to you can include: monthly income payments, deferred income, elimination of capital gains tax, income or estate tax minimization, and creation of a permanent legacy for you or in remembrance of a loved one.
Planned Giving is Easy
The simple phrase: “I leave to the Montgomery Museum of Fine Arts, a not-for-profit, tax ID # 63-6049847 located at One Museum Drive, Montgomery, AL 36117 _____________ .” in your will or living trust is a great first step.
You may designate a specific financial amount, a percentage of your estate, a percentage of remaining assets, or a specific asset to the Museum. Should you wish to have a specific use named for your funding, we would like to meet with you to formalize a fund agreement to be sure your wishes can be honored. There is a host of other ways to support the Museum using specialized planning vehicles where the benefits can be substantial to you, your family and the Museum. This is something that involves professional planning and is often delayed or avoided due to the belief that it is a very complex process. An easy place to start is by talking to our Development Officer, Jen Eitzmann. She can provide specialized advice that may save you time and money and can be reached at 334.625.4347 or firstname.lastname@example.org.
Montgomery is home to many philanthropic individuals that are connected with foundations. Foundations play a vital role in ensuring that the Museum remains a world-class educational resource for future generations. We can help explore avenues that meet your foundation guidelines while assisting the Museum.
The Next Step
For greater discussion on planned giving, estate planning, or foundation support, please contact Jen Eitzmann at 334.625.4347 or email@example.com. Your communications will be kept confidential, and your privacy will always be respected.
How Planned Giving can benefit you and your family today
The best way to start thinking about a structured gift to the Museum is by contemplating what is important to you, then considering your assets, tax situation, and family concerns. Often, the satisfaction of supporting the Museum can be significantly increased through simple planning.
Consider these goals:
|How can I…||Solution||Benefits|
|Support the Museum today without using cash?||Consider donating appreciated stock or making a donation directly from an IRA or other retirement plan.||You will avoid capital gains and/or income tax. Your tax deduction and value of support will be maximized.|
|Support the Museum without great cost to my heirs?||Remember the Museum as a beneficiary in your IRA, annuity, or retirement plan.||The double, sometimes triple taxation on these plans is often a shock to heirs. There is a provision that allows them to receive a five-year or lifetime distribution, but this is seldom chosen. Begin planning charitable gifting through these vehicles in your estate first.|
|Support the Museum while receiving income today?||Consider funding a Charitable Gift annuity or Remainder Trust.||You and potentially a family member receive high monthly income for life (lives), a tax deduction that can reduce your overall taxes for five years, capital gains avoidance while helping the Museum.|
|Support the Museum today, while making sure my children and/or grandchildren benefit from my estate?||Consider a Lead Trust.||You will receive a major tax deduction today, which could reduce or eliminate income tax for up to five years. The Museum will receive income from the assets, and eventually, the bulk of your assets will pass to your heirs. This is especially useful with grandchildren.|
|Support the Museum by gifting my primary residence, but continue to live there?||Create a “retained life estate.”||You get significant tax benefits today and stay in your home.|
Many planned giving strategies can be funded with stock, land, a seldom used vacation property or any other liquid asset with substantial capital gains. The benefits are numerous. We can assist you and your advisors in achieving your goals.
For more information about donating please contact Jen Eitzmann, Development Officer, at firstname.lastname@example.org or call 334.625.4347.