All donations—no matter the size—make a terrific impact here at the Michener, and we are enormously appreciative for the ongoing generosity of our many benefactors.
If you would like to make a contribution, checks payable to the James A. Michener Art Museum may be mailed to our secure lockbox at:
James A. Michener Art Museum
P.O. Box 64585
Souderton, PA 18964
We would be delighted to accept credit card donations to our Annual Fund via our website; if you would like to contribute to another area using your credit card, please contact Jennifer Fekete-Donners, Associate Director of Advancement, at 215.340.9800 x120 or [email protected].
While most donors choose to make gifts of cash, there are a range of additional donation options available, including:
A Tribute or Memorial gift to the James A. Michener Art Museum is a thoughtful way to honor family or friends; celebrate a special occasion such as a wedding, birthday or graduation; or express sympathy on the loss of a loved one.
When you make a gift in tribute or memory, a personalized acknowledgement is sent to the individual or family being honored. The size of the gift is not mentioned but the family receives a listing of donor names and addresses for their personal acknowledgement.
Gifts will support the Annual Fund unless otherwise designated by the family. If you would like more information, assistance, or prefer to make a gift in ways other than via the website, please contact Jennifer Fekete-Donners, Associate Director of Advancement, at 215.340.9800 x120 or [email protected].
Multiply the impact of your donation!
Many employers will match charitable contributions from their employees, doubling—and sometimes even tripling!—the impact of your gift!
The process is simple:
1. Obtain the Employee Matching Gift Forms from your employer, many of which are now available online.
2. Complete and submit the form, per your employer’s instructions.
For more information, please contact our Advancement Office at 215.340.9800 x148.
The Michener is extraordinarily appreciative of gifts made through Donor Advised Funds (DAFs), and we are happy to receive gifts and grants from them for general operating, exhibition, or program support. However, due to IRS regulations surrounding such funds, the Museum is unable to provide any goods, services, or benefits considered “non-incidental” in exchange for this support. This means that the Michener can provide neither memberships nor tickets or tables to fundraising events in exchange for a gift from your DAF.
Frequently Asked Questions about Donor Advised Funds
Why are benefits not allowed?
As per the award letter that accompanies grants made from DAFs, as well as IRS regulations, substantial benefits of any kind are not allowed for gifts made from such funds. Because donors to the DAF have already received a tax deduction for the full amount of their contribution to the DAF, and because assets of the DAF cannot be used to benefit the donors, advisors, their families or other “disqualified persons”, generally no benefits can be provided by the charity to those “disqualified persons”, unless the benefits qualify as “not more than incidental benefits” under IRS rules. DAF grants may be used to support a charitable event, so long as no non-incidental benefits (e.g. tickets or tables) are provided to “disqualified persons”.
What are benefits?
Benefits are any goods or services that are considered non-incidental, and include tickets to special events or items purchased at a fundraising auction. Benefits do not include donor acknowledgement or recognition (since public recognition is considered non-tangible), Museum admission, invitations to events, and preferred access to tickets and events. Memberships costing $107 or less are sometimes allowable*, depending on the fund’s sponsoring organization. If you would like to purchase a membership costing $107 or less using your DAF, please consult your sponsoring organization first.
Can donors pay the fair market value (or non-deductible) portion of benefits of a Membership or Sponsorship out of their own pocket?
No. In August of 2006, Congress banned “bifurcation” of grants made from Donor Advised Funds, which prohibits a donor advisor from paying solely for the fair market value (FMV) of a membership or sponsorship out of their own pocket. This is because the IRS has determined that it is not possible to separate a gift into non-charitable and charitable components without violating the DAF prohibited benefit rules. Donors may not use any non-incidental benefit that may come with a grant made by their DAF, even if the donor pays the FMV of that benefit.
Can Donor Advised Funds still be used to sponsor a fundraising event?
Yes, so long as all non-incidental benefits, including tickets, seats, etc. are waived. This means that donors sponsoring a Benefit Event cannot be seated or given a table as a result of their support. Donors can, however, choose to support or sponsor an event through their Donor Advised Fund (and receive recognition), and in addition purchase tickets to the event from a source other than their DAF.
*Some Sponsoring Organizations prohibit membership, regardless of price.
This information is meant to serve only as a general guideline for donor advised funds, not as legal advice or opinion. Please consult your tax advisor for specific questions or review the IRS documentation.
Gifts of appreciated securities (stocks, bonds, or mutual funds held for more than one year) are excellent ways to support the Museum. Such gifts are easy to make and may provide a greater tax benefit than an equivalent gift in cash.
The easiest way to give securities is to have them electronically delivered by your broker via DTC to our gift account located at Vanguard. You or your broker should contact Jennifer Fekete-Donners, Associate Director of Advancement, at 215.340.9800 ext. 120 or at [email protected] to request a Gift Securities Notification Form. You will be asked to provide your name, telephone number, the name of the stock, number of shares, the approximate date you will make the gift, approximate value of the gift, and the designation for your gift (General, Membership, Operations, Exhibition Support, etc.). If you are using a broker, please provide his or her name and telephone number.
If you are 70 ½ years old or older, you can take advantage of a simple way to benefit the Michener Art Museum and receive tax benefits in return. If you are required to take a minimum distribution from your IRA accounts this year, you may want to consider donating to the Michener in lieu of some or all of the required distributions, transferring the money directly from your IRA account to the Museum.
Thanks to legislation enacted in December 2015, IRA account holders may now make up to $100,000 in authorized charitable gifts from their IRAs, which can then be excluded from gross income for income tax purposes. The distribution will count toward an individual’s Required Minimum Distribution (RMD). The statutory requirements for a “qualified charitable distribution” are as follows:
• The distribution must be made from an IRA (other retirement accounts are not eligible).
• The recipient must be an eligible charitable organization.
• The IRA’s owner must be at least age 70½.
• The distribution must be made directly to the charity by December 31. (See below.)
• The distribution must otherwise be fully deductible as a charitable contribution.
• The distribution must otherwise be included in gross income.
You can establish this type of gift by contacting your plan administrator to obtain a beneficiary designation form and naming The James A. Michener Art Museum (Tax Id# 23-2471583) as beneficiary.
This information is meant to serve only as a general guideline, not as legal advice or opinion. Please consult your own legal or tax advisor for specific questions.
Frequently Asked Questions about IRA Charitable Rollover Gifts
What are the deadlines to complete a gift?
Distributions by wire transfer must be received in the Michener’s account by December 31. Distributions by check must have a postmark (on the envelope) no later than December 31 of the same tax year. Because of the high volume of year-end gifts, contact your IRA administrator as soon as possible to allow enough time for them to issue your gift before the end of December.
May I make a gift from my IRA if I have already taken my required minimum distribution (RMD)?
Yes. You can exclude up to $100,000 (per IRA account owner) from gross income for qualified charitable donations. The donation counts toward your RMD but is not limited by your RMD.
May I contribute more than $100,000 to a qualified charity from an IRA?
Yes, however, the law limits the exclusion from gross income to $100,000. Charitable contributions from an IRA in excess of the $100,000 must follow the general rules pertaining to percentage limitations and itemized contribution reductions.
Are IRA distributions already taken by me eligible to gift as qualified charitable distributions?
No. However, you can make gifts from IRA distributions that do not meet the requirements of a qualified charitable distribution. In such cases, the IRA distribution would be recognized as income for income tax purposes and typically would be eligible for a federal income tax charitable deduction.
Is my IRA charitable rollover gift eligible for an income tax charitable deduction?
No. Donors of qualified IRA gifts do not receive a federal income tax charitable deduction for the IRA gift, as they are not being taxed on the withdrawal.
Are there other tax advantages to gifting through a qualified IRA?
Yes! Qualified IRA gifts are not subject to percentage of adjusted gross income (AGI) limitations for charitable contributions and are not reportable as income for federal income tax or for Social Security income purposes. The amounts withdrawn are not subject to state income taxes in most states. Donors who do not itemize deductions on their federal income tax returns may benefit from qualified IRA gifts for their exclusion from gross income. Amounts withdrawn from an IRA account are removed from the donor’s taxable estate. Talk to your tax advisor to see which benefits apply to your specific situation.
What types of charitable gifts are not eligible for IRA rollover gifts?
Most gifts to a private foundation, donor-advised fund, or supporting organization are not eligible. Gifts to a charitable remainder trust, lead trust, pooled income fund, or charitable gift annuity are not eligible. Gifts for which the donor receives a benefit that reduces the donor’s tax deduction (such as tickets or dinner) are not eligible.
Are gifts from retirement plans other than an IRA eligible?
No. However, donors may be able to make qualified transfers from their pension or retirement plan to their IRA, and then make a charitable gift from their IRA account.
What is the Michener’s legal name and tax ID number?
Our legal name is: James A. Michener Art Museum
Our tax ID number is: 23-2471583
Our address and contact information for estates and trusts is:
Department of Advancement
James A. Michener Art Museum
138 South Pine Street
Doylestown, PA 18901
As a collecting institution, the James A. Michener Art Museum is indebted to all of the many donors who have entrusted it to be the final caretakers of their personal collections. Without the generosity of donors such as Marguerite and Gerry Lenfest, the Nakashima Foundation, and countless others, the Museum’s collection simply would not be what is today.
There are many ways in which you may choose to make a gift to the collection: an outright donation, an irrevocable promised gift, a bequest in your will, or a fractional interest gift (wherein you donate a percentage of the value of the work over a specified period of time). Please consult your legal or tax advisor for specific questions.
All gifts of artwork are subject to review by the Museum’s curatorial staff and subject to approval by the Michener’s Collections Committee. If you are interested in making a donation of artwork to the collection, please contact the Curatorial Department at 215.340.9800 x155.
Additionally, from time to time the Museum will accept in-kind donations of items other than artwork, including real estate holdings, professional services, art supplies and equipment, and items for use at a variety of Museum events. If you are interested in making a donation of tangible property other than artwork, please contact the Department of Advancement at 215.340.9800 x161.