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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.

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