MMoCA Circle: Planned Giving Opportunities at the Madison Museum of Contemporary Art
MMoCA Circle: Planned Giving Opportunities at the Madison Museum of Contemporary Art
MMoCA Circle: Planned Giving Opportunities at the Madison Museum of Contemporary Art
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RETIREMENT ASSETS<br />
Design<strong>at</strong>e <strong>MMoCA</strong> as a full or partial beneficiary<br />
<strong>of</strong> retirement assets. In some cases, older adults<br />
may withdraw funds from retirement plans to make<br />
charitable gifts without incurring additional tax<br />
liabilities.<br />
LIFE INSURANCE<br />
Design<strong>at</strong>e <strong>MMoCA</strong> as <strong>the</strong> beneficiary <strong>of</strong> a life<br />
insurance policy. This may be appropri<strong>at</strong>e if you<br />
have a policy th<strong>at</strong> is no longer needed.<br />
STOCK<br />
Gifts <strong>of</strong> long-term appreci<strong>at</strong>ed stock <strong>of</strong>fer two-fold<br />
tax benefits. You avoid paying capital gains on <strong>the</strong><br />
increased value <strong>of</strong> your stock; and, you receive a tax<br />
deduction for <strong>the</strong> full fair market value <strong>of</strong> <strong>the</strong> stock.<br />
REAL ESTATE<br />
A gift <strong>of</strong> real est<strong>at</strong>e th<strong>at</strong> <strong>MMoCA</strong> has agreed to<br />
accept can positively benefit <strong>the</strong> museum. In <strong>the</strong><br />
case <strong>of</strong> a residence, you may wish to reserve <strong>the</strong><br />
right to continue living on <strong>the</strong> property th<strong>at</strong> you gift<br />
to <strong>MMoCA</strong>.<br />
ARTWORK<br />
<strong>MMoCA</strong>’s collection is a tremendous community<br />
resource. A gift <strong>of</strong> artwork th<strong>at</strong> <strong>the</strong> museum has<br />
agreed to accept will streng<strong>the</strong>n <strong>the</strong> museum’s<br />
ability to serve its audiences for gener<strong>at</strong>ions to<br />
come.<br />
The inform<strong>at</strong>ion in this brochure is intended as an<br />
educ<strong>at</strong>ional resource. We can provide additional<br />
details on specific giving vehicles. <strong>Giving</strong> decisions<br />
should be made in consult<strong>at</strong>ion with your <strong>at</strong>torney<br />
or tax advisor.